Power & Transmission Summit15 & 16 March 2017 Riyadh, Saudi Arabia
The Kingdom of Saudi Arabia’s power sector is witnessing a very significant change, one that is driven by massive development projects that are underway across the region and a significant growth in population. Energy consumption in the Kingdom is witnessing an unprecedented growth; Peak demand is expected to reach 90 GW in 2022. The ministry of water and electricity has announced an investment of $133 billion for the power sector to meet rising energy demands of the nation. Based on the power needs which will be in excess of 30,000MW extra capacity by the year 2020, the principle electricity company of the Kingdom, Saudi electricity company plans to spend an additional USD$ 80 Billion till 2022 to upgrade the production capacity.
Today the Kingdom of Saudi Arabia is not only looking at generating power through the burning of fossil fuels but are also focusing on generating power through renewable and alternate sources of energy.
Hence, Nispana is proud to announce the 3rd Annual Power Generation, Transmission & Distribution Summit scheduled to take place on the (15th & 16th March 2017) in Riyadh, Kingdom of Saudi Arabia. This summit will be an ideal platform for the Kingdom’s key power sector stakeholders, national and international power sector leaders, investors, contractors and solution providers, who will be meeting to discuss how to generate, transmit and distribute power across the Kingdom through the use of more efficient, cost effective and smart technology.
Upcoming projects in KSA
Saudi Arabia to Egypt transmission line, interconnection project to be operational before mid-2019. The project valued at $USD 1.6 Billion
Saudi Arabia to start work on 16 key power projects to enhance power generation in the eastern province of Ihsa, 2017-2021. Regions to be covered, include Al Salmaniya, Al Ghassaniya, Ain Al Murjan, Al Khalidiya, Al Qadissiya, Al Masoudi, Nada
Partnership percentage for power plant electricity generation through “strategic partners” increased to 100% from 27%.
Allocation of USD $109 Billion towards solar power, project to be delivered by 2040, under long term energy planning
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