VOL. XL

No. 8

24-February-1997

SAUDI ARABIA

Saudi Arabia To Invest $117Bn In Power Generation Until 2020

Saudi Arabia will need to invest SR438bn ($117bn) on expanding power generation capacity to 70,000 megawatts over the next 25 years, according to the Saudi Minister of Industry and Electricity, Dr. Hashim Yamani. The ministry has just completed a comprehensive plan for the Kingdom's power needs for the period 1995-2020, which includes building transmission networks for a power grid linking...