Company Profile

Company Info

Saudi Electricity Company

Riyadh, Saudi Arabia

Phone:
Web Site: www.se.com.sa


Company Description:

BACKGROUND ON CORE BUSINESS
 
The principle activity of Saudi Electricity Company is the generation, transmission, and distribution of electricity within the Kingdom - the largest economy in GCC. It is the leading producer of electricity and sole owner of the entire transmission and distribution network throughout the Kingdom, serving all types of consumers.
 
STRATEGY
 
SEC's strategy is focused on implementing the Government's policy for the development of the electricity sector in the Kingdom, with the primary objective being the provision of a safe, reliable and cost-efficient supply of electricity to end-users. In addition, SEC's strategy includes significantly increasing the SEC Group's generation business and enhancing its interconnectivity, both internationally and within the Kingdom.
 
The Saudi electricity market is the largest in the Arab world, with a peak load of (53,864) MW in 2013. Demand for electricity is predicted to increase by an average rate of (7-8%) for the foreseeable future: driven by a growing population, rising per capita consumption and an expanding industrial base.
 
The Government of Saudi Arabia fully recognizes this and is committed to meeting the Kingdom's electricity needs, using the majority government-owned Saudi Electricity Company as its primary vehicle to achieve this.
 
The KSA Government considering the importance of SEC's mandate has been providing it with strong financial support, along with the waiver of its entitlement to dividends until 2019.
 
Supplementing this projected growth are the major efficiency drives that SEC is taking, from both an operational and a capital allocation basis. This is in alignment with the anticipated moves towards a more incentive-based regulatory system, from one which is currently cost-based.
 
Ways are also being explored to see how existing infrastructure assets can be used more productively through the seeking of incremental returns with little or no new capital investment through new businesses such as fiber-optic cables.
Jobs by Saudi Electricity Company
Order by
Number of jobs per page
Location:
Posted:01.11.2017
Company: Saudi Electricity Company
Job description: At this level employees will assist in carrying out audit of significant Company activities to...
Location:
Posted:01.11.2017
Company: Saudi Electricity Company
Job Description: Security architects are responsible for ensuring that new or upgraded systems are aligned with...
Location:
Posted:01.11.2017
Company: Saudi Electricity Company
Job Description: Security engineers are responsible for designing systems and ensuring they are compliant with...
Location:
Posted:01.11.2017
Company: Saudi Electricity Company
Job Description: Security administrators are responsible for managing the cyber security and IT processes and...
Location:
Posted:01.11.2017
Company: Saudi Electricity Company
Job Description: IT Governance risk and compliance officers are responsible for developing and implementing risk...
Fast-Track your career
  • Register NowRegister Now

    Top candidates have already found their luck in a tough market. You can search for your next job or start your career just by registering for free.

  • CV BuilderCV Builder

    Centralize your information quickly and integrate it in to a beautiful document to be delivered to your future employer. It has never been this easy.

  • Become a future business leaderBecome a future business leader

    Saudis with outstanding academic achievements can expect to find jobs on Elite Saudi Professionals that will take you on the journey to becoming Saudi’s next Elite Executives.