(MENAFN) The Saudi Ministry of Water and Electricity and Saudi Electric Co. (SEC) signed the contracts of 29 projects run by the Ministry of Housing.
Saudi Electricity signed a USD1.07 billion contract to provide electrical service for housing projects.
SEC claims the impact of the contract will be noticed in the last quarter of this year.
The project will provide electricity for three years for the housing projects under the cost of USD3.7 billion.
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