Saudi Power Company signed two contracts with a Chinese company and a Saudi company, with a total value of 720 million US dollars, to provide and install 60000 intelligent devices for Saudi Arabia's distribution network.

The project also involves connecting the country's distribution network with the advanced control center in the next two years, because SEC hopes to realize automation and develop the power grid according to its digital transformation strategy. The first contract worth 1.5 billion riyals was signed with China Power Equipment Technology Co., Ltd. to provide and install more than 33000 smart devices for the power grid in the central and eastern regions.

Al Gihaz Contracting Company is the second company of SEC to sign an agreement worth 1.2 billion riyals, which will supply and install more than 23700 smart devices in the western and southern regions. Khaled Al Gnoon, CEO of SEC, said that as the company continues to strive to achieve the goal of smart grid, these contracts will launch more projects in the future.

This is part of the company's strategy and helps to improve the efficiency and quality of power services in the Kingdom, because SEC hopes to ensure the convenience of fault detection and faster processing speed. The company also hopes to shorten the outage time, improve customer satisfaction, and make it easy to remotely control and monitor the network.

The CEO insists that these projects are in line with the goals outlined in the Vision 2030, as the Kingdom aims to transform its energy system into a smart grid through digital transformation. These will be achieved through the implementation of grid automation projects to improve the reliability of the grid, improve operational efficiency and improve the power services provided. Keywords: overseas news, engineering news

In October, the US Securities and Exchange Commission signed another agreement with the logistics company Bahri to strengthen cooperation between its supply chain operations. The Securities and Exchange Commission of the United States said that this transaction will pave the way for improving the sustainability of the supply chain, while further realizing local content and strengthening the national industry capacity. It is expected that the transaction will also promote investment opportunities and exchange of knowledge and expertise.Editor/Xing Wentao