Saudi Electricity Co. (SEC) is planning to tender projects worth SAR100bn over the next five years, the Saudi Press Agency reported on Tuesday. The new investments cover the supply, transmission and distribution sectors. Local investors can apply for the tender on the company’s website, and are privileged with a 10% discount in the tender price, as compared to foreign peers. The utility has 9mn subscribers and aims to provide power supply to 2.3mn new customers by 2021.
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