The Minister of Water and Electricity and President of the Board of Directors of the Saudi Electricity Company, Dr Ghazi Al-Qusaibi, said that projects worth SR790 million have been approved by the Ministry to enhance electricity capabilities in the southern region.
In a press statement issued today, following a meeting of the Company’s Board, Dr Al-Qusaibi said that these projects include the expansion of power generation stations in Jazan, Bisha and Asir.
There will also be an imminent announcement of major projects in central and western regions, estimated to cost over SR5,000 million. “These important projects will help meet demands for electric power for citizens, and will support development in all fields,” Al-Qusaibi added.
Dr Al-Qusaibi noted that the Company continues to promote private sector investment in its projects, adding that the Company had already presented investment opportunities in electricity generation and distribution fields to businessmen in the Kingdom and abroad.
Source: SPA
