Saudi Electricity Company’s board of directors have decided to implement 17 new projects worth SR7.239 billion in its bid to meet the growing demand for energy.
They include new transformer stations in Waed Al-Shamal, Gurayat, Tabarjal, Al-Jouf and Arar at a cost of SR2.34 billion.
The board approved a 380KV transport line from Tabarjal to Al-Jouf and another line from Al-Jouf to Arar, an official statement said on Tuesday, adding that the two projects would cost SR725.35 million.
A 380KV line will be established between Tabuk and Tabarjal at a cost of SR630.95 million.
Other electricity projects are planned for Al-Oqair, Jawatha, Abqaiq, Madhaya, Al-Khafji, Taif, Madinah, and Riyadh, the statement said, adding that the new projects would be financed by the company’s own funds, government loans and commercial loans. “The effect of these projects will appear by 2017.”