Soudah Development, National Grid sign electrical infrastructure deal

Soudah Development, a subsidiary of the Public Investment Fund (PIF), signed an agreement with the National Grid Co., wholly owned by the Saudi Electricity Co. (SEC), to develop and implement the integrated electrical infrastructure for the Qimam Al-Soudah project, valued at SAR 1.3 billion.

The National Grid will design and construct a comprehensive electrical network, including a central 132/380 kV substation with a capacity of 500 MVA, in addition to two 13.8/132 kV branch substations.

This advanced infrastructure will serve as the backbone for electrical services across all areas of the project, including its tourist, residential, commercial, and public facilities.

According to a statement from Soudah, this partnership represents a pivotal step in the development of the Qimam Al-Soudah project, a luxury tourist destination situated 3,015 meters above sea level.