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Saudi Electricity Co - Power Plants and SWOT Analysis, 2017 Update

Published By :

GlobalData

Published Date : Nov 2017

Category :

Power

No. of Pages : 131 Pages

Saudi Electricity Co - Power Plants and SWOT Analysis, 2017 Update

Summary

The report contains a detailed description of the power generation companys business operations, history, corporate strategy, and business structure. This report contains a detailed SWOT analysis, information on key employees (executives), and major products and services.

Scope

- Major Power Plants (assets) - summarized and detailed information about the power plants (assets).
- Operational Metrics (capacity, generation, revenue, sales, number of consumers).
- Business description - A detailed description of the companys operations and business divisions.
- Corporate strategy - GlobalDatas summarization of the companys business strategy.
- SWOT analysis - A detailed analysis of the companys strengths, weakness, opportunities and threats.
- Company history - Progression of key events associated with the company.
- Major products and services - A list of major products, services and brands
- Key employees - A list of the key executives and personnel heading key departments/functions.
- Executive biographies - A brief summary of the executives employment history.
- Financial deals - Coverage of key financial deals from 2006 onwards, depending upon information availability
- Important locations and subsidiaries - A list of key locations and subsidiaries of the company, including contact details.

* Note: Some sections may be missing if data is unavailable for the company.

Reasons to buy

- Gain key insights into the company for academic or business research purposes. Key elements such as SWOT analysis, corporate strategy and major products and services are incorporated in the profile to assist in various business decisions (M&A and JV).
- Identify potential customers and suppliers with this reports analysis of the companys business structure, operations, major products and services and business strategy.
- Understand and respond to competitors business structure and strategies with GlobalDatas detailed SWOT analysis. In this, the companys core strengths, weaknesses, opportunities and threats are analyzed, providing an up to date objective view of the company.
Table of Contents
Table of Contents 2
List of Tables 9
Company Snapshot 10
Key Information 10
Company Overview 10
SWOT Snapshot 10
Operational Metrics 11
Saudi Electricity Co, Operational Metrics, By Capacity 11
Saudi Electricity Co, Operational Metrics, By Generation 11
Saudi Electricity Co, Operational Metrics, By Transmission 11
Saudi Electricity Co, Operational Metrics, By Distribution 11
Saudi Electricity Co, Operational Metrics, By Customers 12
Saudi Electricity Co, Operational Metrics, By Segmental Information 12
Saudi Electricity Co, Operational Metrics, By Sales 12
Saudi Electricity Co, Solar PV Parks 13
Saudi Electricity Co, Solar PV Parks, Saudi Arabia 13
Saudi Electricity Co, Solar Thermal Plants 14
Saudi Electricity Co, Solar Thermal Plants, Saudi Arabia 14
Saudi Electricity Co, Hydro Power Plants 15
Saudi Electricity Co, Hydro Power Plants, Saudi Arabia 15
Saudi Electricity Co, Thermal Power Plants 16
Saudi Electricity Co, Thermal Power Plants, Saudi Arabia 16
Business Description 22
Business Overview 22
Major Products and Services 23
History 24
SWOT Analysis 32
Overview 32
Saudi Electricity Co Strengths 32
Business Model: Vertically Integrated Operations 32
Leading Market Presence 32
Improvement in Operational Performance 32
Saudi Electricity Co Weaknesses 33
Working Capital Deficit 33
Cost Inefficiency 33
Saudi Electricity Co Opportunities 33
Expansion Initiatives 33
Increase in Demand for Renewable Energy: Global 33
Pipeline Projects 33
Saudi Electricity Co Threats 33
Volatility in Electricity Prices 33
Regulatory Norms 34
Transmission and Distribution Network Security 34
Financial Ratios - Capital Market Ratios 35
Financial Ratios - Annual Ratios 35
Financial Ratios - Interim Ratios 37
Key Employees 38
Key Employee Biographies 39
Company Statement 40
Locations And Subsidiaries 41
Head Office 41
Other Locations & Subsidiaries 41
Financial Deals Landscape 42
Saudi Electricity Co, Deals Summary 42
Saudi Electricity Co, Power, Deal Details 43
Asset Transactions 43
Saudi Electricity to Invest USD1.2 Billion in Waad Al-Shamal Power Plant in Waad Al-Shamal Industrial City, Saudi Arabia 43
Saudi Electricity to Invest USD665.5 Million in Integrated Solar Combined Cycle Power Project in Tabuk, Saudi Arabia 44
Engie, Saudi Electricity and Saudi Aramco Power Holding Complete Project Financing of USD950 Million for Fadhili Combined Cycled Gas Power Plant in Saudi Arabia 45
Rabigh Electricity Completes Project Financing of USD1.82 Billion for Refinancing of Rabigh 1 Power Project in Saudi Arabia 46
Saudi Electricity Completes Project Financing of USD900 Million for Shuqaiq Oil Fired Steam Power Plant in Jizan Region, Saudi Arabia 47
Dhuruma Electricity Completes Project Financing for Refinancing of Riyadh PP11 Natural Gas Fired Combined Cycle Power Plant in Riyadh, Saudi Arabia 48
Consortium Of Three Companies Plan Project Financing Of US$1.4 Billion For Rabigh II CCGT Power Project In Saudi Arabia 49
Hajr Electricity Production Completes Project Financing Of US$2.8 Billion For Qurayyah Independent Power Project In Saudi Arabia 50
SEC Completes Project Financing Of US$989 Million For Expansion Of Shoaiba 3 Power Plant in Saudi Arabia 51
Partnerships 52
GE Power Forms Partnership with Saudi Electricity 52
Enel to Form Partnership with Saudi Electricity 53
Saudi Electricity to Form Joint Venture with General Electric 54
Debt Offering 55
Saudi Electricity Completes Public Offering Of Bonds For US$1.2 Billion 55
Saudi Electricity Completes Public Offering Of 2.665% Bonds Due 2017 For US$133 Million 56
Saudi Electricity Completes Public Offering Of 4.211% Bonds Due 2022 For US$333 Million 57
Recent Developments 58
Saudi Electricity Co - Recent Developments 58
Oct 24, 2017: The Saudi Electricity Company announces the Signing of a Non-Binding Memorandum of Understanding 58
Jan 11, 2017: Enel and Saudi Electricity Company Sign Framework Agreement to Cooperate in Power Distribution 58
Jul 31, 2015: KACST inks MoU for Saudi Arabias first solar power station 59
May 21, 2012: Alstom Announces Establishment Of Power Generation Services Workshop In Saudi Arabia 59
Dec 27, 2011: SEC To Dissolve Into Six Companies 60
Mar 07, 2011: SEC Establishes National Company For Electricity Transmission In Saudi Arabia 60
May 29, 2010: SepcoIII Led Consortium Submits Lowest Bid For Establishing 2,400MW Power And Desalination Facility In Saudi Arabia 60
May 16, 2010: Saudi Electricity Willing To Issue Tenders To US Companies For Construction Of Power Plants 60
Apr 27, 2010: Saudi Electricity To Give Contracts For Construction Of 2,400MW Power Facility 61
Feb 24, 2009: Saudi Electricity Reports Operating Revenues Of SAR22.3 Billion In 2008 61
Sep 26, 2017: Saudi's BahriBollore Logistics JV To Start Operations By Year-End 61
May 18, 2017: JinkoSolar Holds Strategic Meeting with Saudi Electricity Company 61
May 17, 2017: CMEC: Vice President Fang Yanshui Meets with Chairman of Saudi Electricity Company 61
Mar 22, 2017: Privatisation of Saudi's state utility set to start by end-2017 61
Nov 09, 2016: Saudi Electricity Company put to compete a Combined Cycle power 5400MW IPP plants 62
Oct 27, 2016: Saudi Arabia's Qurayyah power plant generates 66GW of electricity 62
Aug 30, 2016: SEC likely to postpone expansion of Jeddah South power plant in Saudi Arabia 62
Jun 30, 2016: Midyan: an engineering landmark for new economic and industrial opportunities 62
Jun 17, 2016: SEC inks MoU with Eastern Province to develop waste to energy research center 63
Jun 01, 2016: Request for Expressions of Interest for Al-Jouf and Rafha Solar IPPs 64
May 17, 2016: Saudi Electricity connects first unit of Jeddah South power plant to grid 64
May 15, 2016: SEC inks $900m loan agreement with KEXIM for Shuqaiq power station in Jizan, Saudi Arabia 65
Mar 09, 2016: Saudi Electricity Company obtains nine bids for 3,780MW ISCC power plant 65
Feb 23, 2016: Saudi Electricity Company to secure $1bn loan for power plant 65
Feb 22, 2016: SEC &(KSU) start Producing electricity from hot sand in Wadi Al-Riyadh 65
Dec 13, 2015: More than one hundred Saudi engineers and technicians start technical training in preparation to operate "Green Duba" generating plant 65
Nov 07, 2015: The Gulf Electricity Conference 2015 Recommends the establishment of a Gulf electrical Laboratory 66
Nov 05, 2015: Eng. Ziyad Al-Shiha: SEC " will introduce electronic meters as from next year "2016" 66
Sep 16, 2015: International firms set to bid for Fadhili gas-fired power plant in Saudi Arabia 66
Jul 21, 2015: Delivery largest order for Saudi Electricity Company 67
Jun 17, 2015: KPIT's Largest Implementation of SuccessFactors Solutions Goes Live at Saudi Electricity Company 67
Dec 10, 2014: GEs 7F.05 Gas Turbines Reach Full Operation in Saudi Arabia 67
Nov 10, 2014: SEC begins construction of 600MW ISCC gas power plant in Saudi Arabia 68
Aug 25, 2014: Saudi Electricity to put 4.75GW gas-fired power plants into service between 2015 and 2017 68
May 14, 2014: SEC to add 40GW to Saudi Arabian power portfolio 68
Dec 19, 2013: SEC signs $366m loan agreement for constructing power plant 68
Aug 19, 2013: Saudi Electricity's CEO Ali bin Saleh Al-Barrak to resign 69
Aug 12, 2013: NERs from Leicester underpin the Saudi Electricity Company 69
Aug 06, 2013: Saudi Electricity Company provides update on its power projects 69
Jun 01, 2013: Saudi Arabia And Egypt Sign $1.6 Billion Agreement To Link Power Grids 70
Apr 07, 2013: DEC Announces Full Commercial Operation Of Riyadh PP11 Power Plant In Saudi Arabia 70
Jan 10, 2013: Daelim Completes Installation Of GTG Unit No. 10 At Shoaiba II Power Plant In Saudi Arabia 70
Aug 17, 2012: Koncar Delivers Substation Equipment To SEC In Saudi Arabia 70
Jul 04, 2012: alfanar Commissions Two Gas Turbine Units At Hail-2 Extension -III Power Plant Project In Saudi Arabia 70
May 08, 2012: Alstom Completes Shoaiba III Power Plant Ahead Of Schedule 70
Jan 11, 2012: Ex-Im Bank Approves Export Financing For Power Generation Equipment Supporting 825 Jobs At Siemens Energy's North Carolina Plant 71
Dec 03, 2011: ACWA Power Consortium Commences Construction Of Qurayyah Independent Power Project 71
Oct 02, 2011: SEC Commissions 500kW Solar Power Plant In Saudi Arabia 72
Aug 15, 2011: Arabian Bemco Submits Lowest Bid For SEC's Power Plant In Saudi Arabia 72
Aug 08, 2011: Showa Shell And Saudi Electricity Begin 500kW Solar Power Plant In Farasan Island, Saudi Arabia 72
Jun 01, 2011: SEC And Showa Shell Sign MoU For Development Of 500kW Solar Plant In Saudi Arabia 73
May 11, 2011: Saudi Aramco Successfully Tests New Power Generation System At Berri Gas Plant 73
Mar 28, 2011: Egypt MOE Plans To Announce Tender For Electricity Grid Between Egypt And Saudi Arabia 73
Dec 08, 2010: SEC To Install 60,000 Smart Meters 74
Nov 04, 2010: NESPAK Provides Update On Projects Under Execution In 2010 74
Sep 25, 2010: Doosan Commences Work On Rabigh-6 Power Plant In Rabigh, Saudi Arabia 74
Sep 18, 2010: SEC Increases Power Generation Capacity By 10.6% In 2009 74
Aug 29, 2010: SEC Announces Update On Power Generation For H1 2010 74
Aug 21, 2010: SEC Completes Connection Of Transmission lines In Most Of Saudi Arabia 75
Aug 10, 2010: Siemens Completes $204.3 Million Substation Project For SEC 75
Jul 25, 2010: Saudi Arabia Requires $140.3 Billion Investment On Power Projects Over Next Decade 75
Jun 09, 2010: SEC To Get $1.47 Billion Loan To Construct 1,730MW Riyadh 11 Power Plant 75
Jun 05, 2010: Arabian Bemco Completes SEC's Al-Qassim Central Power Plant-Extension No.2 In Saudi Arabia 75
Jun 02, 2010: SEC Issues Statement On Use Of Oil For Power Consumption 75
May 25, 2010: SEC Increases Generation Capacity By 4,000MW 75
Apr 22, 2010: Saudi Electricity Commissions First Electric Automation System 76
Jan 16, 2010: Saudi Electricity To Invest $10 billion Over Next 10 Years To Generate Electricity 76
Jul 01, 2009: Saudi Electric To Invest $28 Billion To Meet Power Demand In Saudi Arabia 76
Jun 21, 2009: Saudi Electricity Receives SAR4.1 Billion Loan To Purchase GE Equipment 76
May 15, 2009: Ex-Im Bank Sanctions $912.8 Million Loan To Fund GEs Export Of Gas Turbines To Saudi Electricity Company 76
Oct 09, 2017: GE signs multi-year service agreement with Saudi Electricity Company for Riyadh Power Plant 12 77
Jan 30, 2017: ENGIE awarded the Fadhili Independent Power Project in Saudi Arabia 77
Dec 20, 2016: Doosan partners with Engie for 1,510MW Saudi gas plant 78
Oct 06, 2016: Engie receives $1.2bn gas power plant contract in Saudi Arabia 78
Jul 20, 2016: Saudi Aramco Signs Four Additional Contracts For Fadhili Gas Project 78
Feb 09, 2016: Demand for Fast Power Heats Up in the Saudi Desert: Saudi Electricity Company Orders Six More GE Gas Turbines 79
Dec 31, 2015: GE Wins Nearly $1 Billion Contract to Build SECs 1390 MW Waad Al Shamal Combined Cycle Power Plant 80
Dec 30, 2015: SEC inks SAR3.68bn deal to construct combined cycle power facility in Waad Al Shamal 81
Nov 02, 2015: Power: Orders valued at a good 40 million 81
Nov 02, 2015: SEC inks contract to build and operate Green Duba power plant in Saudi Arabia 81
Oct 29, 2015: AF is awarded a new contract for consulting services for Pumped Storage Hydro Power Plant in Saudi Arabia 81
Oct 15, 2015: The Ministry of Housing and Saudi Electricity Company sign contracts on providing housing projects with Electric power at a cost of 4 billion riyals 82
Sep 10, 2015: Contract for 1800 MW PP13 CCPP has been signed between GAMA Power Systems and Saudi Electricity Company (SEC) 82
Aug 12, 2015: ABB wins $150 million orders to strengthen Saudi Arabias power grid and support economic growth 83
Jul 16, 2015: CG to provide Smart Grid Infrastructure for SEC 83
Jul 07, 2015: Sadara Basic Services Company announces that Sadara Chemical Company (parent) entered into an electrical power supply agreement with Saudi Electricity Company 84
Jun 25, 2015: ESB International celebrates 40th Anniversary with two contract wins valued at 29.5m 84
May 06, 2015: Black & Veatch to help improve the efficiency of Qassim power plant 84
Mar 19, 2015: ESB International builds momentum in Middle East with multi-million Saudi contract 85
Mar 11, 2015: CG to Provide Smart Grid Solutions in Saudi Arabia 85
Mar 05, 2015: KEC International wins orders of Rs. 1243 crore 86
Mar 02, 2015: Yokogawa Wins DCS Orders for Two Large Combined Cycle Power Plants in Saudi Arabia 86
Feb 09, 2015: Hyundai bags $126m power transmission line contract in Saudi Arabia 87
Jan 06, 2015: GE Integrates Solar Energy with Combined Cycle for Landmark Power Project of Saudi Electricity Company in Duba 87
Nov 17, 2014: Alstom to increase power transmission stability and quality across Saudi Arabia 88
Sep 17, 2014: Siemens delivers switch panels for gas insulated high voltage switchgear to Saudi Arabia 88
Sep 17, 2014: ABB wins $14 million transformer order in Saudi Arabia 88
Jul 02, 2014: ABB wins power order worth $78 million in Saudi Arabia 89
Jun 11, 2014: TEPCO: Conclusion of consulting contract on the efficient use of electricity in the Kingdom of Saudi Arabia 89
May 21, 2014: Zamil wins power equipment supply contract from AETCON 90
May 21, 2014: Zamil Towers wins $32m contract from AETCON 90
May 13, 2014: L&T Construction Wins Orders Valued Rs 1137 Cr 90
Mar 19, 2014: ABB wins $110 million order to strengthen power infrastructure in Saudi Arabia 91
Mar 11, 2014: GE Power Conversion Wins Two Orders to Supply 24 MV7000 Drives for Saudi Electricity Company Mega-Thermal Power Projects 91
Mar 05, 2014: ABB wins $30 million order to improve reliability of power grid in Saudi Arabia 92
Feb 25, 2014: Delivery largest order ever made for Saudi Arabia 92
Nov 30, 2013: ACWA Power Consortium sign Project Agreements and Finance Agreements for the 2060 MW Rabigh 2 92
Nov 27, 2013: Alstom Grids Tampere unit will supply equipment to power transmission project in Saudi Arabia 93
Nov 26, 2013: GE Wins nearly $700 Million Contract from Saudi Electricity Company to Help Meet Saudi Arabias Growing Power Needs 93
Nov 10, 2013: SEC inks SAR846m contracts for enhancing power supply to Madinah 94
Nov 07, 2013: Sawary Energy wins contract to service Saudi Electricity power plants 94
Oct 24, 2013: Saudi Electricity wins contracts worth $850.6m for building substations across Saudi Arabia 94
Sep 05, 2013: Pyry awarded owners engineer assignment for shuqaiq steam power plant in Saudi Arabia 94
Aug 07, 2013: Saudi Electricity Company Selects Cognizant to Transform Service Delivery and Enhance Customer Satisfaction 95
Aug 05, 2013: Hyundai Heavy Wins USD 3.3 Billion Power Plant Order in Saudi Arabia 95
Jul 28, 2013: SEC Inks Six Agreements To Install Transformer Stations In Saudi Arabia 95
Jul 19, 2013: KEC International wins orders worth Rs. 1,300 crore 96
Jul 01, 2013: Saudi Electricity Signs Contracts Valued At $1.68 Billion To Import Power Cables 97
Jun 09, 2013: Saudi Electricity Signs Four Power Contracts Worth $372.4m In Saudi Arabia 97
Jun 08, 2013: National Contracting Wins Contract From Saudi Electricity To Build 380kV Underground Cable 97
Apr 28, 2013: Saudi Electricity Awards Three Power Contracts Worth SAR1.38 Billion In Saudi Arabia 97
Apr 28, 2013: National Contracting Wins Contract From Saudi Electricity To Construct Salboukh 380/132kV BSP 97
Apr 23, 2013: ABB Wins $120m Power Transformers Order From Saudi Electricity 97
Apr 17, 2013: WorleyParsons Wins EPCM Contract From SCE For CCGT-based Power Plant 13 And Power Plant 14 In Saudi Arabia 97
Apr 01, 2013: KEC International Secures Power Orders Worth INR9.14 Billion 98
Apr 01, 2013: SEC Awards SAR110m Contract To Bahra Cables 98
Mar 19, 2013: Nesma Electric Wins EPC Contract From SEC For Kaust-2 Substation At Thuwal In Saudi Arabia 99
Mar 16, 2013: SEC Signs Agreement With NETC To Rent Full Capacity Of Power Transmission Grid In Saudi Arabia 99
Mar 06, 2013: SEC Signs Three Contracts Worth $263m To Build Power Transmission Lines And Underground Cables In Saudi Arabia 99
Feb 13, 2013: Siemens Wins 81m Turnkey Contract From SEC To Set Up New High-voltage Power Substation In Jeddah, Saudi Arabia 99
Feb 13, 2013: Alstom Grid Wins Two Major Substation Contracts Worth $116.2m From SEC 99
Feb 12, 2013: MHI Receives Order From HHI For Four Sets Of Steam Turbine And Generator In Saudi Arabia 99
Jan 23, 2013: National Contracting Wins Contract From SEC To Build DhubaAl Bida 380kV Transmission Line 100
Jan 20, 2013: Saudi Electricity Signs Five Construction Contracts Worth $427m For Electricity Transmission Work In Saudi Arabia 100
Jan 03, 2013: Tractebel Wins Contract From CESI For HVDC Power Transportation Interconnector 100
Jan 01, 2013: SEC Signs Five New Contracts To Construct Electricity Transmission Lines In Saudi Arabia 100
Dec 26, 2012: SEC Signs Three Contracts Worth SAR1.3 Billion To Build Transformer Stations In Makkah, Madinah And Asir Of Saudi Arabia 100
Dec 02, 2012: BACMCL Wins $107 Contract To Supply Low And Medium Voltage Cables To SEC 101
Nov 14, 2012: ABB Secures Contracts To Execute Substation Projects For SEC 101
Nov 13, 2012: CESI Middle East Wins Contract To Develop Detailed Technical Specifications For HVDC Interconnector Between Riyadh And Mecca 101
Oct 16, 2012: HHI Wins Order Worth $3.2 Billion From SEC To Build Jeddah South Thermal Power Plant In Saudi Arabia 102
Oct 08, 2012: HHI And MHI Win Contract From SEC To Build Jeddah South Oil-fired Power Plant Plant In Saudi Arabia 102
Oct 03, 2012: ABB Wins FACTS Order Worth $115m From SEC To Support Saudi Rail Network 102
Oct 01, 2012: Al Toukhi Secures Contract From SEC To Build 380kV Substation In Madain Saleh, Saudi Arabia 103
Sep 29, 2012: GE Secures Contract From SEC To Supply 7F 5-Series Gas Turbines For Riyadh Power Plant 12 In Saudi Arabia 103
Sep 26, 2012: GE Introduces New Power Generation Portfolio, Receives New Orders Worth $1.2 Billion 103
Sep 25, 2012: Atlas Copco To Supply Three Centrifugal Gas Compressors To PP-12 Combined-cycle Power Plant In Saudi Arabia 104
Aug 14, 2012: SEC Awards Contracts To Enhance Electricity Network In Saudi Arabia 104
Aug 06, 2012: ABB Wins Order Worth $40m For Power Equipment In Saudi Arabia 105
Jul 12, 2012: Alstom Thermal Power To Supply Steam Tail For Riyadh PP12 Gas-fired Power Plant In Saudi Arabia 105
Jun 26, 2012: Shaw Wins Contract From SEC To Provide Fleetwide Services Program For Oil And Gas-fired Power Plants 105
Jun 11, 2012: ABB Wins Power Orders Worth $30m To Enhance Grid Capacity In Saudi Arabia 106
May 16, 2012: SEC Signs Contract To Construct 2,175 MW Power Plant In Saudi Arabia 106
May 16, 2012: Arabian Bemco Secures Contract From SEC To Build Riyadh Combined Cycle Power Plant No. 12 In Saudi Arabia 106
Apr 30, 2012: Accenture Helps SEC Prepare For Restructuring And Privatization 106
Apr 26, 2012: ABB Wins $70m Power Orders In Saudi Arabia To Enhance Grid Capacity 107
Mar 27, 2012: GE Receives $200m Contract To Provide Services For SEC's Combined-cycle Project 107
Mar 06, 2012: ABB Wins $70m Substations Order From SEC 108
Feb 15, 2012: HDEC Wins $128m Contract To Construct Substation In Saudi Arabia 108
Feb 14, 2012: NEM Energy Secures Order From Arabian Bemco To Supply 40 Heat Recovery Steam Generators 108
Feb 14, 2012: Rotary Engineering Secures Contract To Build 17 Field Storage Tanks For Shoaiba II CCPP Project In Saudi Arabia 108
Feb 06, 2012: Siemens Receives Contract To Supply Equipment For IPP Qurayyah CCPP 108
Feb 01, 2012: ABB Wins $250m Power Orders In Saudi Arabia To Expand Grid Capacity 109
Jan 29, 2012: MODON Signs SAR700m Electricity Contracts 109
Jan 24, 2012: SEC Signs Contract With Arabian Bemco To Construct Al-Qurayyat Open Cycle Power Plant 110
Jan 23, 2012: Poyry Receives Owner's Engineering Services Contract From SEC For Shoaiba II Power Plant 110
Jan 04, 2012: KEC International Secures New Power Orders 110
Dec 31, 2011: SEC Inks Contracts To Establish Gas-fired Power Plants, Power Transmission Lines And Transformers In Saudi Arabia 111
Dec 05, 2011: GE Signs Contracts With SEC For Expansion Of Six Power Plants In Saudi Arabia 111
Nov 29, 2011: ABB Wins $24m Power Equipment Order From SEC 112
Nov 27, 2011: SEC Inks Three Contracts For Construction Of Electric Transmission Lines And Transformer Station In Saudi Arabia 112
Nov 08, 2011: KEC International Secures Transmission Line Orders From Saudi Arabia And India 112
Nov 08, 2011: Emerson Receives Order From SEC To Provide Fisher Control Valves For Rabigh Power Plant No.2 113
Oct 31, 2011: SEC Inks Contracts For Two Electricity Substations In Taef And Dammam, Saudi Arabia 113
Oct 26, 2011: Daelim Receives Notice Of Award From SEC For Power Plant Construction Project In Saudi Arabia 113
Oct 20, 2011: Elia, RTE And Tractebel Engineering Sign Technical Consulting Services Contract With SEC 113
Oct 16, 2011: Arabian Bemco Signs $1.43 Billion Contract With SEC For Riyadh Power Plant No. 10 114
Oct 04, 2011: New Order 114
Sep 21, 2011: SEC Awards Contract To ACWA Power Led Consortium For Development Of Al-Qurayyah Independent Power Project 114
Aug 22, 2011: Doosan Awards Contract To Zamil Projects To Provide EPC Services For HVAC Systems At Rabigh Power Plant Stage 2 114
Jul 19, 2011: ABB Wins Orders From SEC To Construct New Substations In Saudi Arabia 114
Jun 21, 2011: L&T Bags INR13.66 Billion EPC Orders From Gulf Cooperation Council Countries 115
Jun 20, 2011: KEC International Wins INR10.44 Billion Power Orders 115
May 07, 2011: MODON Signs Two Agreements With SEC For Supply Of Electricity 116
May 02, 2011: SEC Selects GE For Power Plant Expansions In Saudi Arabia 118
Apr 21, 2011: SEC Awards Contracts To Alfanar And NCC To Reinforce Hail And Al-Jouf Power Plants 118
Apr 13, 2011: SEC Awards Two Contracts To Alstom Grid For Substations 119
Mar 31, 2011: KEC International Secures New Orders Worth INR8 Billion 119
Mar 16, 2011: SEC Extends Bidding Period For Al Qurayyah Power Station 120
Mar 08, 2011: Torishima Pump Receives Order For Boiler Feed Pumps For Rabigh 2 Thermal Power Plant In Saudi Arabia 120
Feb 13, 2011: SEC Inks Five Contracts With Saudi Arabian Companies To Enhance Power Grid 120
Jan 25, 2011: ABB Wins $93 Million Power Orders From SEC In Saudi Arabia 120
Dec 31, 2010: E&GP OC Secures Transmission, Substation And Railway Construction Project Orders Aggregating To INR25.03 Billion 120
Dec 21, 2010: ABB Wins Order Worth $39 Billion From SEC For Supply Of Power Equipment In Saudi Arabia 121
Nov 28, 2010: SEC Awards Contract Worth $105 Million To Alfanar For Power Substations In Hail, Saudi Arabia 121
Nov 10, 2010: Saudi Arabian MWE Signs Contracts For Power And Desalination Plants In Ras Azzour, Saudi Arabia 121
Nov 06, 2010: SEC Sets Final Date For Bidding Of Gas-Fueled Power Project In Al-Qurayyah, Saudi Arabia 122
Oct 25, 2010: Zamil Steel Secures Contract Worth SAR103 Million From NCC For Supply Of Lattice Steel Towers In Saudi Arabia 122
Oct 04, 2010: GE Signs Agreements Worth About $700 Million With DEC For Riyadh PP11 Power Plant In Saudi Arabia 122
Sep 09, 2010: Doosan Wins $3.42 Billion Bid From SEC To Build 2,800MW Thermal Power Plant In Rabigh, Saudi Arabia 123
Jul 19, 2010: Siemens Energy Secures EUR100 Million Order From Alfanar And SSEM For Gas Turbine Packages Supply 123
Jul 08, 2010: Emerson To Install Ovation Expert Control System At Rabigh Power Plant In Saudi Arabia 123
Jul 05, 2010: Alfanar Construction Wins SAR458 Million Contract For Hail 2 Power Plant Reinforcement Project 124
Jun 30, 2010: ABB Wins $89 Million Order In Saudi Arabia 124
Jun 24, 2010: SEC Enters Into Agreement For Construction Of 1,730MW Gas-Fired Power Plant 124
Jun 16, 2010: Hyundai Heavy Industries Signs $1.6 Billion Power Plant Project In Saudi Arabia 124
Jun 15, 2010: GDF SUEZ Signs PPA With SEC 124
Jun 09, 2010: SEC To Enter Into Contract With Three Companies For Construction Of 1,730MW Power Plant 125
May 18, 2010: Pyry To Provide Consultancy Services To SEC For Thermal Power Projects In Saudi Arabia 125
May 17, 2010: GE Receives About $300 Million Contract From SEC For Supply Of Five Steam Turbines 125
Apr 29, 2010: ABB Wins $108 Million Substation Order From Saudi Electricity 125
Apr 21, 2010: Shaw Receives Multi-Phase Contract From Saudi Electricity 125
Feb 03, 2010: Saudi Cable Secures $26.6 Million Contract From Saudi Electricity For Supply And Installation Of 380 kV High Voltage Cables 126
Jan 12, 2010: Arabian Bemco Wins Order To Add Four Gas Turbines To Al-Qassim Power Plant In Saudi Arabia 126
Jan 03, 2010: Marubeni Led Consortium Proposes Lowest Tariff To Build 2,000 MW Power Plant For Saudi Electricity 126
Dec 21, 2009: Saudi Electricity Receives Bids From Five Consortiums For PP11 Power Plant In Riyadh 126
Nov 23, 2009: ABB Wins $38 Million Order To Improve Power Efficiency In Saudi Arabia 126
Nov 10, 2009: ABB Wins $120 Million Order From SEC To Power Saudi University 127
Oct 22, 2009: KEC International Wins International Orders Worth INR4.70 Billion 127
Aug 10, 2009: ABB Wins $60 Million Order To Improve Power Efficiency In Saudi Arabia 128
Jul 28, 2009: WorleyParsons Wins $1 Billion Contract From Saudi Electricity 128
Jul 08, 2009: ABB Bags $34m Contract From Saudi Electricity 128
Jul 08, 2009: KEC Enters Into Power Supply Contract With Saudi Electricity 128
Jul 08, 2009: ABB Wins $34 Million Order To Improve Power Capacity In Saudi Arabia 128
Appendix 130
Report Scope 130
GlobalData Coverage 130
Benchmarking 130
GlobalDatas Methodology 130
Secondary Research 130
Primary Research 131
Contact Us 131
Disclaimer 131

List of Tables
Saudi Electricity Co, Key Facts 10
Saudi Electricity Co, Operational Metrics, Capacity 11
Saudi Electricity Co, Operational Metrics, Generation 11
Saudi Electricity Co, Operational Metrics, Transmission 11
Saudi Electricity Co, Operational Metrics, Distribution 11
Saudi Electricity Co, Operational Metrics, Customers 12
Saudi Electricity Co, Operational Metrics, Segmental Information 12
Saudi Electricity Co, Operational Metrics, Sales 12
Saudi Electricity Co, Solar PV Parks, Saudi Arabia 13
Saudi Electricity Co, Solar Thermal Plants, Saudi Arabia 14
Saudi Electricity Co, Hydro Power Plants, Saudi Arabia 15
Saudi Electricity Co, Thermal Power Plants, Saudi Arabia 16
Major Products and Services 23
Saudi Electricity Co, SWOT Analysis 32
Saudi Electricity Co, Ratios based on current share price 35
Saudi Electricity Co, Annual Ratios 35
Saudi Electricity Co, Interim Ratios 37
Saudi Electricity Co, Key Employees 38
Saudi Electricity Co, Subsidiaries 41
Saudi Electricity Co, Deals Summary 42
Saudi Electricity to Invest USD1.2 Billion in Waad Al-Shamal Power Plant in Waad Al-Shamal Industrial City, Saudi Arabia 43
Saudi Electricity to Invest USD665.5 Million in Integrated Solar Combined Cycle Power Project in Tabuk, Saudi Arabia 44
Engie, Saudi Electricity and Saudi Aramco Power Holding Complete Project Financing of USD950 Million for Fadhili Combined Cycled Gas Power Plant in Saudi Arabia 45
Rabigh Electricity Completes Project Financing of USD1.82 Billion for Refinancing of Rabigh 1 Power Project in Saudi Arabia 46
Saudi Electricity Completes Project Financing of USD900 Million for Shuqaiq Oil Fired Steam Power Plant in Jizan Region, Saudi Arabia 47
Dhuruma Electricity Completes Project Financing for Refinancing of Riyadh PP11 Natural Gas Fired Combined Cycle Power Plant in Riyadh, Saudi Arabia 48
Consortium Of Three Companies Plan Project Financing Of US$1.4 Billion For Rabigh II CCGT Power Project In Saudi Arabia 49
Hajr Electricity Production Completes Project Financing Of US$2.8 Billion For Qurayyah Independent Power Project In Saudi Arabia 50
SEC Completes Project Financing Of US$989 Million For Expansion Of Shoaiba 3 Power Plant in Saudi Arabia 51
GE Power Forms Partnership with Saudi Electricity 52
Enel to Form Partnership with Saudi Electricity 53
Saudi Electricity to Form Joint Venture with General Electric 54
Saudi Electricity Completes Public Offering Of Bonds For US$1.2 Billion 55
Saudi Electricity Completes Public Offering Of 2.665% Bonds Due 2017 For US$133 Million 56
Saudi Electricity Completes Public Offering Of 4.211% Bonds Due 2022 For US$333 Million 57

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