VOL. XLI

No. 49

7-December-1998

SAUDI ARABIA

Saudi Arabia To Consolidate And Partially Privatize Electricity Sector

The Saudi Cabinet said on 30 November that it plans to merge thecountrys 10 power companies responsible for generation, transmission anddistribution including the four Saudi Consolidated Electric Companies (SCECOs) inthe Central, South, East and West (see Table 1) into one shareholding company,called Saudi Electric Company (SEC). The Arabic daily Asharq al-Awsat of 1 December...