Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- New York's finance sector faces risks from Trump visa crackdown
- Saudi Arabia to lift ban on full foreign ownership: Why it's groundbreaking
- Saudi Arabia Advances Vision 2030 with Manufacturing, Localization, Economic Growth
- Oman LNG signs deal with OQ to supply natural gas liquids
- Bitcoin correction seen as pause before next leg higher
- Southern Province Cement, Yanbu Cement merger talks ends without accord
- Abu Dhabi real estate sector sees strong growth
- Dubai Taxi Company, Kabi by Al Ghurair join forces to ease ride hailing
- UAE, US non-oil trade tops $38bn; new opportunities emerge
- Stocks edge down as dollar rises, gold falls after Fed's Powell offers no new clues
13/04/2025 11:43 AST
Saudi Electricity Company (SEC) has announced that it has received bids from leading utility majors for the construction of two 380kV substations at Afif city in central Saudi Arabia in the Najd region.
These substations - Afif PV 1 and Afif PV 2 - are being set up as part of upcoming Renewable Energy Projects across Saudi Arabia, said SEC in a statement.
For the Afif 1 380kV BSP project, Al Gihaz Contracting Company emerged as the lowest bidder with an amount of SAR960 million ($256 million), while for Afif 2 380kV BSP, Al Babtain Contracting Company was the lowest bidder with SAR1.17 billion ($312 million).
On the 380KV OHTL projects, SEC said Saudi-based Al Sharif Group and its Indian joint venture partner KEC have emerged lowest bidders for two projects - the OHTL from BSP Afif PV-2 upto Ar Rass PV BSP and from Mowaih PV BSP to Afif PV2 - with a bid amount of SAR560.5 million and SAR560.4 million, respectively.
For the contract for the construction of the 380kV OHTL from Afif PV-1 BSP to the existing network, the lowest bidder was Saudi Services for Electro Mechanic with an amount of SAR140 million.
Earlier last month, SEC had invites bids for various grid substations and its OHTL projects.
Trade Arabia
11/08/2025
Saudi Electricity Company (SEC) continued to deliver robust financial and operational performance in the second quarter and first half of 2025, said an SEC press release issued on Sunday.
Re
Asharq Al Awsat
09/04/2025
GE Vernova and Saudi Electricity Company (SEC) have announced the successful completion of the first gas turbine outage entirely planned and executed by GE Vernova's Saudi engineers and specialists.
Trade Arabia
02/03/2018
The Saudi Electricity Company (SEC) said that 68 per cent of its purchases, during the past four years, came from 52 local factories, with a growth rate of 720 per cent compared to 2001.
S
Trade Arabia
| Ticker | Price | Volume |
|---|
25/09/2025
Oman LNG on Wednesday signed a new sale and purchase agreement with OQ, the sultanate's global integrated energy group, under which OQ's Refineries and Petroleum Industries sector will be supplied wi
Muscat Daily
25/09/2025
Dubai Taxi Company, together with its strategic partner Bolt, has entered into a strategic alliance with Kabi by Al Ghurair, and Zed, the UAE's homegrown ride-hailing app, to enhance the ride-hailin
Trade Arabia
25/09/2025
Emaar, the name behind some of the world's most iconic destinations, is preparing to unveil its most exclusive residential address to date: Dubai Mansions, a new ultra-luxury community designed for a
Trade Arabia
24/09/2025
The Board of Directors of Investcorp Capital (ICAP), an investor in alternative investment opportunities within private markets, convened last week in Abu Dhabi under the leadership of Mohammed Alard
Trade Arabia
24/09/2025
Adnoc Distribution has announced that its Board of Directors has approved an interim dividend of $350 million (AED1.285 billion) for the first half of 2025, equivalent to 10.285 fils per share.
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia