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- Saudi Aramco's Jafurah Gas Plant Begins Output with 450 Million Cubic Feet Per Day
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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.
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Saudi Electricity Company (SEC) has signed power purchase agreements worth SAR12.8 billion ($3.4 billion) for two large scale CCGT (Combined Cycle Gas Turbine) power plants located in Riyadh city wit
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Re
Asharq Al Awsat
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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
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05/12/2025
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said on Tuesday.
Th
Asharq Al Awsat
05/12/2025
Bahrain Marina Development Company (BMDC), the master developer of the Bahrain Marina project on the eastern waterfront of Manama, has announced the signing of a strategic partnership agreement with
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Investcorp Capital (ICAP), a company listed on the Abu Dhabi Securities Exchange, today (December 4)announced that it has successfully acquired a diversified portfolio of industrial assets for $400 m
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In recognition of its sustained commitment to promoting inclusivity and fostering a workplace environment that embraces all segments of society, Gulf Bank received a special invitation from the Briti
Kuwait Times
05/12/2025
Leading Saudi flour production company Fourth Milling Company (MC4) has broken ground on its new production facility at Al Kharj region of the kingdom. This comes as part of its SAR265 million ($71 m
Trade Arabia
Financial Information Co.
Saudi Arabia