May 2, 2026
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HomeSaudi Energy

Saudi Energy

Saudi Energy Company (formerly known as Saudi Electricity Company – SEC) plays a vital role by supplying the Kingdom with energy according to the highest reliability standards.

The company is considered the primary source of electricity in the Kingdom.

The major shareholders are the Public Investment Fund (PIF) and Saudi Aramco, holding 74.3% and (6.9%) stake respectively.

https://www.se.com.sa/

Power

SEC completes SAR 1 bln Projects in preparations of Hajj

June 23, 2023 Mohammad S
Saudi Electricity Co. (SEC) completed Hajj season 2023 preparations for electrical services at the holy sites in Makkah and Madinah, under the supervision of Minister …
Power

Saudi’s KEIR International awarded SAR 80.3m Project from SEC

June 14, 2023 Mohammad S
KEIR International, Saudi Arabia announced in a statement that it has received a letter for a project with the Saudi Electricity Company‘s Subsidiary National Grid …
Finance

Japan’s JBIC to finance $103m for Saudi-Egypt interconnection project

March 9, 2023 Mohammad S
The Japan Bank for International Cooperation announced in a statement that it has signed a loan agreement amounting to up to USD207 million, of which …
Power

GCC Electrical Testing Laboratories signed MoU with Voltamp Power SAOC, Oman

February 2, 2023 Mohammad S
Voltamp Power SAOC (Voltamp Energy SAOG), Oman announced in a statement that it has signed a Memorandum of Understanding (MoU) with GCC Electrical Testing Laboratories …
Power

SEC awards $720m Smart Equipment Project

December 14, 2022 Mohammad S
Saudi Electricity Company (SEC) signed two contracts worth SAR 2.7 billion to supply and install 60,000 smart equipment in the Kingdom’s electricity distribution network, Saudi …
Power

Saudi’s KAUST, ENOWA and SEC Signs MOU to build cryogenic capture technology Project at Duba

December 9, 2022 Mohammad S
In what will be one of the largest demonstrations of cryogenic carbon capture technology today, a pilot project between King Abdullah University of Science and …
Power

NCC awarded $87.7m Saad PV 380kV Substation Expansion

November 27, 2022 Mohammad S
Saudi Electricity Company (SEC) awards the Project, Expansion of Saad Solar PV 380/132kV Substation. The Project location is in Saad, around 85km from Riyadh. The …
Finance

Standard Chartered arranges financing for Saudi-Egypt electricity interconnection project

October 18, 2022 Mohammad S
Standard Chartered Bank (with Sumitomo Mitsui Banking Corporation) announces the provision of a $566.4m Export Credit Agency supported Islamic financing facility for Saudi Electricity Company …
Power

NESMA awarded $86.9m Jafurah 380kV Substation

September 28, 2022 Mohammad S
Saudi Electricity Company (SEC) awarded the project, Construction of Jafurah 380/230kV Substation. The Project location is in eastern region of Saudi Arabia. The Project has …
Power

SEC and RCU signs SAR3.5bn MOU for Electrical Network of AlUla

September 26, 2022 Mohammad S
Royal Commission of AlUla (RCU), Saudi Arabia announced in a statement that it has signed a MOU with NationalGrid SA, a subsidiary of Saudi Electricity …

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UAE’s EWEC issued RFP for 1.5GW Al Ajban Solar PV Plant

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EWEC (Emirates Water and Electricity Company), UAE has issued a Request for Proposals (RFP) to qualified companies and consortiums that had expressed ­interest in developing the …
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Bahrain awarded $11.6 million contracts for roads & earth work Services

March 1, 2020
Bahrain Petroleum Company (BAPCO) awarded the project “roads & earth work Services”. The project has been awarded to following two companies. Down Town Construction Company …
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Saudi’s NWC Commences $217 million worth of Projects in Madinah

June 30, 2025
​The National Water Company (NWC)’, Saudi Arabia announced the start of 23 water and environmental projects in various locations in Madinah. The value of the …
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      • The Red Sea Dev.
      • AMAALA
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