AlQa'dah 5, 1434, Sep 11, 2013, SPA -- The Minister of Water and Electricity Eng. Abdullah bin Abdulrahman Al-Hossein announced that the ministry saved an amount of SR 1.4 billion out of SR 8.8 billion, representing 48 projects by the use of value engineering studies during the last year. This came in the Minister's speech at the opening ceremony of 3rd Forum for Value Engineering, organized by Saudi Electricity Company here today under the slogan of " Continuous development and application " in collaboration with the Ministry of Water and Electricity.