Expansion and Prosperity
Ambitious Vision
Revenue Growth
Sustainable Development
Vibrant Community
Power Supply Security and Reliability
Renewable Energy
Supply Chain Flexibility
Leading Customer Experience
Flexibility and Transformation
Strategic Partnerships
Social Responsibility
Organization and Governance
Operational Excellence
Research and Development
Institutional Excellence
Local Content
Support and Empowerment
Integrated Nationalization
National Transformation
Annual Report
2023
01
We dedicate our resources to enhance pilgrim comfort at the Grand Holy Mosque and the Holy Sites
02
We seek to be strategic partners to achieve progress and prosperity in the electricity sector in the Kingdom of Saudi Arabia
03
We invest in the present and future to achieve sustainable development and meet the needs of investors, customers and the communities we serve
04
We seek to be strategic partners to achieve progress and prosperity in the electricity sector in the Kingdom of Saudi Arabia
GWh
of total energy produced
Subscribers
Across the Kingdom
SAR
Total profit
GWh
Total electricity sold
Circular kilometer
Transmission network lengths
%
At the Kingdom level
Smart electric meter coverage
H.E. Dr. Khaled bin Saleh Al Sultan
Chairman of the Board
Chairman’s Message
We are committed to integration and cooperation within the energy system. We always strive to provide highly efficient electrical services and apply the highest standards of governance, transparency, and disclosure to achieve the best results for our shareholders, customers, and employees
CEO’s Message
SEC remains a top player in the electric energy sector in the Middle East and North Africa, leading in production, transmission, and distribution. It prioritizes sustainable development by enhancing the quality and reliability of electrical services for customers through technical expertise
Eng. Khaled bin Hamad Al-Gnoon
Chief Executive Officer
Circular kilometer
Transmission network lengths
MW
Total capacity of owned power plants
GWh
Total electricity produced
Our Goals
The vision of the Saudi Electricity Company is to be a preeminent power provider through exceptional customer experience, innovation, and sustainable solutions
Our Strategic Goals
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Security of Supply & Reliability
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Safety and Operational Excellence
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Environment, Social Responsibility & Governance
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Financial Sustainability
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Localization & Local Content
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Leading Customer Experience