Siemens signs two contracts for SVCs at Madinah East, Hail-2 and Al Jouf-2 380kV substations
SVC plus technology will be used for the first time in Saudi Arabia
Siemens supports the Kingdom in developing a world class transmission network
Riyadh, Saudi Arabia, Sep. 1, 2014
Siemens, the global powerhouse which innovates the electrical world and operates in the fields of energy, infrastructure, industry and healthcare, signed two contracts with Saudi Electricity Company (SEC) for the construction of SVCs at Madinah East, Hail-2 and Al Jouf-2 380kV substations. The contracts were signed by Eng. Ziyad Al-Shiha, Chief Executive Officer of SEC, Mr. Arja Talakar, Chief Executive Officer, Siemens Saudi Arabia and Mr. Peter-Karlheinz Bruder, Head of Energy Transmission Siemens Saudi Arabia.
Within the scope of these contracts, Siemens will provide SEC with SVC plus and Protection systems, Transformers, Switchgears, Civil and Electro-Mechanical work with a project execution of 24 months. SVC plus, Siemens top notch technology will be used for the first time in the Kingdom to enhance the performance of the SEC transmission networks of Western and Central regions of Saudi Arabia.
The award of Madinah East, Hail-2 and Al Jouf-2 SVC projects to Siemens is another milestone in the continuous relationship between the two companies and has made Siemens a key player in the SVC market of Saudi Arabia.
"The construction of Static Var Compensator (SVC) will play a vital role in the stability of the network and smooth transmission of power in Madinah, Hail and Al Jouf regions particularly in the time of high demand during summer, Haj and Ramadan", said Arja Talakar, CEO of Siemens Saudi Arabia. "Together with our partners E.A. Juffali & Brothers, we are fully committed to the country and its people and will continue to differentiate ourselves through technology transfer and numerous employment, training and development opportunities for local talent"
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Contact for journalists:
Wael Sabri
Global Communications Network
Mobile: 0504944525
Email: w.sabri@globalarabia.com
Web: www.globalarabia.com
Jeddah, Saudi Arabia
The Siemens Energy Sector is the world's leading supplier of a broad spectrum of products, services and solutions for power generation in thermal power plants and using renewables, power transmission in grids and for the extraction, processing and transport of oil and gas. In fiscal 2013 (ended September 30), the Energy Sector had revenues of EUR26.6 billion and received new orders totaling approximately EUR28.8 billion and posted a profit of approximately EUR2 billion. On September 30, 2013, the Energy Sector had a work force of approximately 83,500. Further information is available at: www.siemens.com/energy
Siemens in Saudi Arabia: As a world leader in industry, energy, infrastructure & cities, and healthcare, Siemens has grown to hold leading positions in these sectors in the Kingdom with about 2,000 employees countrywide. Siemens activities in Saudi Arabia date back to the early 1930s when the country imported its first power plant equipment. From the very beginning Siemens has made a significant contribution to the development of the country's infrastructure. One third of the power used in the Kingdom is transmitted and distributed by Siemens. Today, Siemens in Saudi Arabia is committed to supporting the careers of young Saudis through targeted professional recruitment and training programs. The company also proactively supports the government's efforts to effect social change in the country by recruiting Saudi women.
© Press Release 2014
