Ministerial committee mulls privatization of power stations, says SEC chairman

26/12/2019 Argaam

 

A ministerial committee headed by the Saudi Minister of Energy is currently studying the privatization of power stations, Al Eqtisadiah newspaper reported, citing Saudi Electricity Co.’s (SEC) board chairman, Khaled Al Sultan.

 

The study is expected to be completed soon, he said, adding that the committee includes several entities, including the ministries of finance, economy and planning as well as the Public Investment Fund (PIF).

 

The committee is also responsible for restructuring the company as well as the sector in order to ensure its technical and financial sustainability.

 

Commenting on the solar panel and home electricity generating project, Al Sultan added that final policies are being set and the project will be launched soon.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read