Publication Date:
Mon, 2011-02-14 01:20
The five contracts cover various regions in the kingdom and aim to build and expand substations as well as installing a power grid, the state news agency SPA reported, citing SEC chief executive Ali Saleh Al-Barrak.
SEC plans to invest $80bn to boost capacity to at least 70,000 megawatts by 2020 from an installed capacity of 50,000 MW to meet domestic demand rising at eight percent annually.
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