Saudi Electricity Company awards $906m power project contracts
RIYADH, 19 hours, 18 minutes ago
Saudi Electricity Company (SEC) has awarded the contracts worth $906 million for the construction of two 380kV bulk supply point (BSP) substation units at Afif in the central region of Saudi Arabia along with three overhead transmission line (OHTL) projects.
Announcing the key projects, SEC said Al Gihaz Contracting Company has secured a SAR960 million deal for the Afif 1 project, while Al Babtain Contracting Company clinched the SAR1.2 billion contract for Afif 2 project BSP.
These substations are the part of upcoming Renewable Energy Projects across Saudi Arabia.
Saudi Power Procurement Company (SPPC) has already issued RFP for the sixth round of renewable energy projects under the National Renewable Energy Program (NREP) which is led and supervised by the Ministry of Energy.
The combined capacity of sixth round of renewable energy projects is 4,500 MW.-TradeArabia News Service
