Saudi Electricity Company (SEC): Profile and Vision 2030 Role

Sun, 22 Feb 2026 00:00:00 +0000

Saudi Electricity Company (SEC) is Saudi Arabia’s national utility backbone, operating transmission and distribution networks that connect households, industry, and mega-project demand across the Kingdom. The company is central to Vision 2030 because grid expansion, renewables integration, and power-sector restructuring all depend on SEC’s ability to modernise the electricity system.

Company Overview

SEC was formed in 2000 through the consolidation of multiple regional power companies. The company operates Saudi Arabia’s electricity transmission and distribution infrastructure, serving over 11 million customer accounts across the Kingdom. PIF holds approximately 74 percent of SEC, with the remaining shares publicly traded on Tadawul.

Sec on SAUDI VISION 2030 Intelligence Platform

Saudi Electricity Company (SEC): Profile and Vision 2030 Role

Company Overview