Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Dukhan Bank launches new House Finance campaign
- Doha Bank partners with Ox Fitness Lab
- Oman targets 5,380 jobs for citizens in key sectors in 2025
- Dhofar unveils key projects to boost tourism, economy
- QSE index closes 0.28 percent higher
- QNB announces share buyback extension
- Investment in Oman's zones surges 10% to RO21bn
- Kuwait makes major oil discoveries with the help of AI and digital transformation
- Burgan Bank publishes its 6th annual Sustainability Report
- Trade tensions can lead to stock market crashes: IMF
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
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
02/02/2018
The Saudi Electricity Company (SEC) said it has already suspended the distribution of the paper bills to the subscribers' homes.
Any subscriber can know the value and details of the electr
Trade Arabia
| Ticker | Price | Volume |
|---|
15/04/2025
Dukhan Bank, Qatar's leading provider of Sharia-compliant financial solutions, has launched a new House Finance campaign offering customers exclusive benefits, including a competitive profit rate as
The Peninsula
15/04/2025
Doha Bank, one of Qatar's leading financial institutions, has announced an exclusive partnership with Ox Fitness Lab, to provide its premium credit card customers with complimentary access to a growi
The Peninsula
15/04/2025
Qatar National Bank (QNB) announced Monday it had received approval from Qatar Financial Markets Authority (QFMA) to extend its share buyback for another year or until the completion of the approved
QNA
15/04/2025
Burgan Bank has released its sixth annual Sustainability Report, marking a major milestone in its ESG journey and reinforcing its excellence in sustainable financial practices. As the first bank in K
Kuwait Times
15/04/2025
As part of its continued commitment to promoting innovation and creativity among its employees, Gulf Bank has introduced the third edition of the Fekrety Innovation Competition for 2025. The competit
Kuwait Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia