Capital expenditure of Saudi Electricity Company 2020-2023

Published by Salma Saleh, Mar 28, 2024

In 2023, the Saudi Electricity Company made capital expenditures of around 41.56 billion Saudi riyals, up from around 27.4 billion Saudi Riyals the year before. Distribution projects had the largest share of the capital expenditure, followed by transmission projects. 

Capital expenditure of Saudi Electricity Company from 2020 to 2023 (in billion Saudi riyal)

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Release date

March 2024

Region

Saudi Arabia

Survey time period

2020 to 2023

Supplementary notes

1 SAR (Saudi riyal) equals approximately 0.27 U.S. dollars and 0.24 euros (as of March 2024).

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