Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%
- Bahrain All Share Index closes higher
- UAE airline Etihad places major aircraft order with Boeing
- UN forecasts global economic growth to drop to 2.4% in 2025
- Dubai gold rate shoots up after Dh10 plus drop - in hours
- Abraj Energy signs deal with BP for drilling rig in Block 61
- Commercial Bank launches new CB Corporate Banking App
- QSE sees 62% of stocks in the red; index loses 19 points
- Financial markets development essential to Qatar's comprehensive financial strategy: QCB Governor
- Emirates NBD pilots new AI compliance tech to reduce risks, improve payment speed
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 |
|---|
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia