SEC honors industry's innovation pioneer Sulaiman Al-Qadi
(Arab News - 28/11/2017)
Saudi Electricity Company (SEC) has honored Sulaiman Al-Qadi, former CEO and deputy chairman of the board, for his efforts in launching quality innovation programs and strategies in the early 1990s. These programs contributed to making technical
Acwa Power launches $1bn power plant in Turkey
(Trade Arabia - 28/11/2017)
Saudi-based Acwa Power has announced the launch of the $1-billion Kirikkale Combined Cycle Power Plant in Turkey which has a 1,000 MW capacity, enough to meet three per cent of the country's total electricity demand. A leading developer, investor and
TAQA looks at loans as government did not approve bond issue
(Reuters - 23/11/2017)
Abu Dhabi National Energy Co is talking to banks to obtain loan facilities of up to $1.3 billion which would refinance maturing debt after the Abu Dhabi government declined to approve a planned bond sale in October, sources close to the matter said.
Saudi Electricity ranks among top global power companies
(Utilities-me.com - 21/11/2017)
The Saudi Electricity Company has ranked 14th among the electricity companies in the world after it topped the list of electric power companies in the Arab countries by market value which reached at the end of September 2017 at about $26.5 bln. "This
Taqa nine-month revenues up 3pc
(Trade Arabia - 09/11/2017)
Abu Dhabi National Energy Company (Taqa), a leading global energy company headquartered in Abu Dhabi with operations in 11 countries, today announced a total revenue of Dh12.5 billion ($3.40 billion) for the nine-month period ended September 30, 2017, an
Saudi Electricity Q3 profit up on lower costs
(Reuters - 06/11/2017)
State-controlled utility Saudi Electricity Co (SEC) reported a 6.8 percent increase in third-quarter net profit on Monday due to falling costs as the company improves efficiency. SEC made a profit of 5.26 billion riyals ($1.40 billion) in the three
GE in deal to promote R&D in Saudi power sector
(Trade Arabia - 02/11/2017)
GE Power, a global leader that provides technology, solutions, and services across the entire energy value chain, has signed two technical agreements with Saudi Electricity Company (SEC) to promote scientific research and development (R&D) for the power
SEC, GE collaborate to promote R&D in Saudi power sector
(Saudi Gazette - 02/11/2017)
The Saudi Electricity Company (SEC) and GE Power have signed two technical agreements to promote scientific research and development (R&D) for the power sector in the Kingdom. The collaborations will identify innovative solutions to develop and install
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