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Saudi Electricity Company plays a vital role by supplying the Kingdom with energy according to the highest reliability standards. The company is considered the primary source of electricity in the Kingdom. The major shareholders are the Public Investment Fund (PIF) and Saudi Aramco, holding 74.3% and (6.9%) stake respectively.
تقوم الشركة السعودية للكهرباء بدورٍ حيوي من خلال إمداد المملكة بالطاقة الكهربائية وفق أعلى معايير الموثوقية والاعتمادية، حيث تعتبر الشركة المصدر الرئيسي للكهرباء في المملكة.
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Saudi Electricity Company (Arabic: الشركة السعودية للكهرباء; SEC) is the Saudi electric energy company. It enjoys a near monopoly on the generation, transmission and distribution of electric power in Saudi Arabia through 45 power generation plants in the country.
Saudi Electricity Company is among the largest electricity companies in the Middle East, with 57 GW of generation, 7.5 million customers and a 55,000-km transmission circuit. It is active in operations, generation maintenance, transmission and distribution.
The key highlights of the financial results for Q2 2022 are as follows: Operating revenues amounted to SAR19.40 billion, a 4.4% increase compared to SAR 18.58 billion during the same period last year. Gross profit rose to SAR 6.54 billion from SAR 6.45 billion in Q2 2021, representing an increase of 1.3%.
Saudi Electricity Co (SEC) is an energy utility. Through its subsidiaries, the company generates, transmits and distributes electricity; and carries out operations of the fiber optic networks, trading and realization of renewable energy, among others.
SEC is one of the region’s biggest utility companies, the main producer of electricity, and the sole owner of transmission and distribution networks throughout Saudi Arabia, serving around 11 million customers, with 314,784 GWh of total electricity sold in 2023.
SEC is the region’s biggest utility company, the main producer of electricity, and the sole owner of transmission and distribution networks throughout Saudi Arabia, serving around 10.9 million customers, with 298,702 gigawatts of total electricity sold in 2022.
Apr 10, 2024 · Established in 2000, Saudi Electricity Company (SEC) is a state-owned joint stock company with a near monopoly on the generation, transmission, and distribution of power across Saudi Arabia....
