XSAU
5110
Market cap16bUSD
Nov 12, Last price
14.58SAR
Name
Saudi Electricity Company SJSC
Chart & performance
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Profile
Saudi Electricity Company (SEC) primarily handles the production, delivery, and distribution of electricity throughout the Kingdom of Saudi Arabia. Its clientele is diverse, spanning governmental bodies, industrial operations, agricultural enterprises, commercial establishments, and private households. Beyond its core power functions, SEC also builds, leases, manages, and operates both electrical and fiber optic networks to offer telecommunication services. The company further extends its activities into the financial realm, providing support for the issuance of bonds and sukuk, and engaging in various financing initiatives. Additionally, SEC is involved in managing construction projects, from developing detailed designs and procuring necessary materials to executing large-scale projects within the power sector. It also offers communication, data transmission, and information technology solutions to individuals, public institutions, and private organizations. Serving an estimated 10.1 million customers, the company was established in 2000 and has its headquarters located in Riyadh, Saudi Arabia.
Related entities
Subsidiaries
Dhuruma Electricity Company
Key people
Najm Bin Abdull Ahal Zaid
Independent Non-Executive Chairman of the Board · since 2024
Khaled Bin Salim Al-Ghamdi
Chief Executive Officer · since 2025
Raed Bin Nasser Al-Rayes
Independent Non-Executive Vice Chairman of the Board · since 2024
Abdulaziz bin Abdulrahman Al-Muhaiza
Chief Financial Officer, Executive Vice President · since 2024
Sultan Saleh Al- Sudais
Chief Executive Officer of Saudi Electricity Projects Development Company · since 2024
Waleed Bin Abdullah Al-saadi
Chief Executive Officer of National Grid Company · since 2022
Basem Bin Abdullah Al- Sallom
Chief Executive Officer of Solutions Valley · since 2024
Wael Bin Ali Al- Ghamdi
Chief Executive Officer of Dawiyat Integrated Telecommunication and Information Technology Company · since 2022
Naser Mohammed Al Salami
Acting Executive Vice President - Technical Services · since 2024
Sarah Maziad Altuwaijri
Executive Vice President - Marketing and Corporate Communication · since 2024
Abdulkarim Bin Abdulaziz Al-Rasheed
Executive Vice President - Human Resources & Corporate Services · since 2024
Abdalrhman Bin Ahmed Alamoudi
Acting Executive Vice President - Generation · since 2024
Badr Bin Mohammed Al- Assaf
Executive Vice President - Legal Affairs & Board of Directors Trustee · since 2024
Ibrahim Bin Mohammed Alkhenizan
Executive Vice President - Distribution and Customer Services · since 2022
Manish Manchandya
Executive Vice President - Strategic Planning and Investment Officer · since 2023
Sami Bin Abdullah Alkaoud
Chief Audit Executive · since 2024
Sultan Bin Rashid Almahasheer
Executive Vice President - Health, Safety, Security & Environment · since 2024
Abdulaziz Bin Salman Alenezi
Senior Vice President - Digital Transformation and Technology · since 2023
Ali Mohammed Al- Sayyud
Acting Vice President - Risk Management and Compliance · since 2024
Mohammed Saleh Al- Otaibi
General Manager of Dawiyat Telecom Company · since 2024
Headquarters & legal address
العريض
الرياض, 01 11416
SA
الرياض, 01 11416
SA
Previous name
Saudi Electricity Company
Other language
Saudi Energy Company
Valuation
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