The Saudi Electricity Company (SEC), A Saudi Joint Stock Company, was incorporated by Royal Decree M/16, dated 6.9.1420 (Hijrah) by merging all the power utilities and the projects of the Electricity Corporation into one entity that commenced operation on the 5th of April 2000.
Its objectives, as set forth in its Articles of Incorporation, include generation, transmission, and distribution of electric power; to purchase, sell and provide electric power services in the Kingdom; invest in electric power projects within and outside the Kingdom; import and export electric power across the Kingdom's boarders; invest in projects for the supply of fuel to its wholly or partially owned subsidiaries; and to carry out and support research projects as regards service enhancement, power conservation.
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