Middle East Economic Survey

VOL. LIV

No 1-2

3/10-Jan-2011

SAUDI ARABIA

SEC Announces Plan To Expand Generating Capacity By 2016

Saudi Electricity Company (SEC) announced on 27 December that it plans to increase its power generating capacity by 12.752gw between 2012 and 2016, as the state-owned utility tries to keep up with the countrys rising energy demand. Over the coming year, the company is looking to increase its capacity by 1.836gw, with funding for 567mw expected to come from private...