Final settlement of dues worth SR5.7bn to Saudi Aramco and higher finance and operating costs led to a decline in net profit ...

This robust performance reflects sustained demand for electricity, increased power generation, expansion of regulated asset ...

GE Vernova, Inc. (NYSE: GEV) and Saudi Electricity Company (SEC) have announced the successful completion of the first gas ...

The orders are in cooperation with Doosan Enerbility Company, under which Mitsubishi Power will supply six state-of-the-art ...

T he Saudi Electricity Company (SEC) has received approval for a new regulated weighted average cost of capital (WACC) of 6.65% for the regulatory period 2024-2026. This marks an increase from the ...

SEC is one of the region’s biggest utility companies, the main producer of electricity, and the sole owner of transmission and distribution networks throughout Saudi Arabia ... In February 2024, the ...

The Saudi Electricity Company (SEC) signed a memorandum of understanding (MoU) with Hitachi Energy to adopt advanced technology for electrical switches and circuit breakers that are free from ...

The Saudi Electricity Company (SEC) has announced its financial results for 2024, reporting total operating revenues of SR88.7bn ($23.6bn), marking an 18 per cent increase from SR75.3bn ($20.1bn) in ...

The Saudi Electricity Company (SEC) today announced its financial results for 2024, reporting total operating revenues of 88.7 billion SAR, marking a 18% increase from 75.3 billion SAR in the previous ...

Saudi Electricity Co. (SEC) reported a net loss, after deducting the payments ... and electrical energy. The company also posted higher net financing charges in the income statement reflecting ...

Saudi Electricity Company (SEC) has delivered solid results for FY 2024, reporting total operating revenues of SAR88.7 billion ($24 billion), up 18% over the previous year, due to the sustained ...