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SEC's New Projects Match Kingdom's Economic Growth: Al-Barrak 2 RABIGH


year Power Purchase Agreement (PPA).
Several board members of Rabigh Electricity Company (RABEC) accompanied Al-Barrak on Wednesday.
Saudi Arabia is trying to keep up with its growing power demand, which is rising 7 to 8 percent annually.
SEC, which has an installed capacity of 50,000 MW, plans to beef up its capacity to at least 80,000 MW by 2020.
SEC has earlier announced plans to invest over SR300 billion in generation, transmission, and distribution projects in the next 10 years.

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