The Saudi Electricity Company (SEC) has allocated SR452 billion to implement energy projects until the year 2021 according to SEC Chairman of the Board of Directors Dr. Saleh Bin Hussein Al-Awaji. These projects will provide services consistent with international standards, including building up an adequate power at a peak time about 10 percent of combined capacity. The SEC annual report 2011, he added, indicated that the company is currently implementing several projects at a total cost exceeding SR100 billion in its efforts to meet the growing demand for electricity and continuous keenness on providing the best levels of services. The company has prepared an integrated plan until 2021 to cope with the rapid growth in electric loads resulting from continued economic growth and prosperity being witnessed by the Kingdom, he pointed out.
