Electricity & Water stations
Our projects in Electricity & Water stations
Our projects in Electricity & Water stations
To keep pace with the economic development of the Kingdom, which requires the provision of huge electric power, the Saudi Electricity Company had to establish a large number of power plants with direct investments and through joint investments with the private sector within the program “Private sector participation in the projects of power plants (IPPs) ), Which was approved in 2007 and is being overseen by the new partnerships sector and energy agreements.
In order to support the program, we have contracted international expertise houses with knowledge in the technical, legal and financial fields of independent power production projects. The company aimed to implement 30% of the company’s generation projects. The first four projects were estimated at more than 36 billion riyals. For the contracting with the conclusion of partnership contracts with Al-Arab Contracting Company for the development and development of this sector.
Some of our clients and partners are in Electricity & Water stations