Siemens awarded contracts worth around EUR 200 million by Saudi Electricity Company 

The second signing is for a turnkey project to build the Al-Kharj 2 380 kV substation. Under the contract, Siemens will supply all key components such as gas insulated switchgear, transformers, line reactors, switchgear, protection systems, telecommunication systems, and will also build the substation. The substation will enhance the reliability and security of power supply, while addressing the growing demand for electricity in the Al-Kharj region.

“These latest contracts from SEC are a testimony to the confidence placed in Siemens as a supplier of innovative infrastructure solutions. Siemens offers a vast portfolio of products, solutions and services across the entire energy conversion chain including power generation, transmission and distribution,” said Arja Talakar, CEO of Siemens Saudi Arabia.

“With such significant projects for the supply of power to high-demand areas we are committed to support Saudi Arabia’s growing population and industry. Together with our partner E.A. Juffali & Brothers, we have a lengthy history in the Kingdom. This translates directly into the ability to provide cutting-edge technology for the advancement of the country’s infrastructure and development of human capital.”

Siemens has been active in Saudi Arabia for more than 80 years and together with its partner, E.A. Juffali & Brothers, has contributed to the expertise, technology, knowledge transfer and the development of local human capital. Siemens technology currently transmits and distributes a third of the power used in the Kingdom.

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 165 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world's largest provider of environmental technologies. Around 40 percent of its total revenue stems from green products and solutions. In fiscal 2012, which ended on September 30, 2012, revenue from continuing operations totaled €78.3 billion and income from continuing operations €5.2 billion. At the end of September 2012, Siemens had around 370,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at: www.siemens.com.