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In 2009, the
Electricity and Co-generation Regulatory Authority (ECRA) announced its intention to split the company into four generation companies and separate transmission and distribution companies to encourage competition in the domestic utilities sector. A transmission company – National Grid SA
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In 2014, ECRA was said to have hired advisors on the break-up of the company. ECRA also confirmed the new generation companies will be open to foreign investment.
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Paper that an employee at SEC authored in 2017 on the effects of jointly reforming industrial fuel and residential electricity prices in Saudi Arabia.
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through a merger of existing regional electricity companies in the
Central, Eastern, Western and Southern regions into a single joint stock company.
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For the first six months of 2022, net profit fell 6.6% to SAR7 million, while total comprehensive income slipped 0.14% to SAR7.7 million.
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as the 5th largest company in the
Kingdom, and the 578th worldwide, with total annual sales of $ 17.1 billion .
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643:"Saudi Electricity Company goes digital with its Engineering Drawings and establishes kingdom-wide EDMS"
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832:"Jointly reforming the prices of industrial fuels and residential electricity in Saudi Arabia"
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The company is 81.24 percent owned by the government, both directly (74.31%) and through
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Please help update this article to reflect recent events or newly available information.
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533:"Saudi Electricity Company Successfully Rolls out SAP Plant Maintenance Solution"
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through 45 power generation plants in the country. In 2019, SEC was ranked by
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398:(KACST) agreed to collaborate to build and operate the first standalone
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669:"Saudi Arabia Said to Hire HSBC for Breakup of SEC Power Monopoly"
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723:"Saudi Electricity Company's net profit falls on higher costs"
695:"Saudi Electricity Company's net profit falls on higher costs"
488:"Saudi Electricity to be divided into four separate companies"
434:"Saudi Electricity Company Unveils Two Executive Appointments"
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617:"Electricity regulator chief calls for hike in power tariff"
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562:"Merger of electric companies — is it time to evaluate?"
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Non-renewable resource companies established in 2000
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on the generation, transmission and distribution of
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588:"Saudi plans to split up state electric company"
358:The company was formed in 2000 by Order of the
396:King Abdulaziz City for Science and Technology
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667:Nair, Dinesh; Martin, Matthew (2014-05-07).
904:Saudi Arabian companies established in 2000
874:Government-owned companies of Saudi Arabia
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830:Matar, Walid; Anwer, Murad (2017).
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894:Government-owned energy companies
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490:. Solar GCC Alliance. 2014-03-25
394:In 2015, SEC, Taqnia Energy and
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889:Companies listed on Tadawul
849:10.1016/j.enpol.2017.07.060
615:Hoey, Joshua (2014-11-25).
473:, Saudi Electricity Company
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138:Khalid Bin Hamad Al-Ghonon
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332:company. It enjoys a near
234:$ SAR 257.1 billion (2012)
215:$ SAR 479.5 billion (2022)
909:Electric power monopolies
899:Companies based in Riyadh
540:Tata Consultancy Services
314:Saudi Electricity Company
290:This section needs to be
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196:$ SAR 15.1 billion (2022)
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158:$ SAR 72.1 billion (2022)
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20:Saudi Electricity Company
402:station in the country.
322:الشركة السعودية للكهرباء
248:National Grid SA Company
177:$ SAR 18 billion (2022)
132:Najem Abduallah Alzaid
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94:; 24 years ago
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360:Council of Ministers
757:Saudi Arabia portal
509:"Saudi Electricity"
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470:Annual Report 2022
440:. January 24, 2024
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241:Subsidiaries
223:Total equity
204:Total assets
118:Saudi Arabia
107:Headquarters
34:Company type
842:: 747–756.
814:(in Arabic)
400:solar power
863:Categories
732:2022-09-15
707:2022-09-15
680:2015-08-30
653:2017-09-17
628:2015-08-30
598:2015-08-30
573:2015-08-30
546:2015-08-30
518:2020-01-28
494:2015-08-30
421:References
185:Net income
134:(Chairman)
125:Key people
111:Al Aridh,
99:2000-05-03
567:Arab News
444:March 15,
389:Al-Khobar
380:(6.93%).
302:June 2019
46:Traded as
409:See also
334:monopoly
79:Industry
592:Reuters
354:History
292:updated
256:Website
149:Revenue
97: (
89:Founded
52:Tadawul
542:. 2013
513:Forbes
347:Forbes
318:Arabic
113:Riyadh
38:Public
700:Zawya
536:(PDF)
140:(CEO)
446:2024
265:.com
63:ISIN
56:5110
844:doi
840:109
340:in
326:SEC
269:/en
267:.sa
263:.se
261:www
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