Middle East Economic Survey

VOL. LIV

No 8

21-Feb-2011

SAUDI ARABIA

SEC Awards Power Project Deals Worth A Total $204Mn

State-controlled Saudi Electricity Company (SEC) announced on 13 February that it had just completed the signing with local companies of five contracts worth a total of SR766.3mn ($204.3mn) to boost power distribution capacity, the Saudi Press Agency (SPA) has reported. The five contracts involve the building or expansion of substations and the extension of the distribution...