Saudi Electric Signs $187 Million of Project Contracts, SPA Says

Saudi Electricity Co. (SECO) signed contracts worth 700 million riyals ($187 million) to build substations in Jeddah and link many areas with cables in Riyadh, Saudi Press Agency reported, citing Chief Executive Officer Ali al-Barrak.

To contact the reporter on this story: Wael Mahdi in Manama at

To contact the editor responsible for this story: Stephen Voss at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.