Middle East Economic Survey
VOL. LIII
No 35
30-Aug-2010
SAUDI ARABIA
SEC Approves $3.92Bn In New Power Projects
Saudi Electricity Company (SEC) has approved SR14.7bn ($3.92bn) in new projects, some self-financed and others funded through loans, as part of an expansion to help the kingdom cope with rapidly increasing demands for electricity. The state-run utility said that the targeted projects would be a mix of generation and transmission developments, including the installation of new power lines...
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