Categories: Business

Saudi Electricity Co. signs contracts worth $720m to implement smart grid projects


Wed, 2022-12-14 16:35

RIYADH: The Saudi Electricity Co. signed two contracts at a combined value of SR2.7 billion ($720 million) with a Chinese and a Saudi company for a project to supply and install 60,000 smart devices to the Kingdom’s electricity distribution network, the Saudi Press Agency reported. 

The project also involves connecting the country’s distribution network with advanced control centers over the next two years as SEC looks to automate and develop electrical networks in line with its digital transformation strategy. 

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