image description
image description
Tell A Friend

FinancialNews


  • 22-03-18

    Saudi Arabia to see slowdown in electricity consumption growth

    (MENAFN) Saudi Arabia is expected to see the power consumption growth experience a slowdown to 1.5 percent per year, a decline from past forecasts of 6 to 10 percent.

    The statement has been made by chief expectative of Saudi Electricty Co (SEC) Ziyad al-Shiha during an interview with Al Aarbiya TV.

    The chief explained "we have always been planning for 6 to 10 percent growth. Now I imagine for the future the growth will be 1.5 percent or less than 1.5 percent as we've seen over the past two years."

    Chief executive Ziyad al-Shiha also pointed out during the interview that "there isn't more than modest growth in energy consumption."

    MENAFN2203201800450000ID1096634590

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved