Deals Counterparts

Saudi Electricity Company launches Riyadh Grid Modernization Project to replace 65 overhead transmission towers with underground power lines

Development Transmission announced Riyadh, Saudi Arabia Mar 11, 2026
development
Stage
Riyadh Grid Modernization Project
Project

The Saudi Electricity Company (SEC), through its project development arm PDC, has announced the Riyadh Grid Modernization Project. This infrastructure initiative involves replacing 65 overhead electricity transmission towers with underground power lines to modernize the grid in Riyadh, Saudi Arabia.

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Deal Analysis

Saudi Electricity Company's Project Development Company is spearheading a major infrastructure upgrade in Riyadh, converting 65 overhead transmission towers to underground power lines. This Riyadh Grid Modernization Project, announced on 2026-03-11, directly invests in the capital's urban electricity network. The commercial logic centers on enhancing grid reliability and improving the aesthetic landscape of Riyadh, aligning with urban development goals within Saudi Arabia. While the project's value remains undisclosed, this development-type initiative focuses squarely on the transmission sector, a core function of the parent utility. The replacement of existing overhead infrastructure with subterranean lines indicates a long-term commitment to resilient and modern power delivery for Riyadh's growing demands. For Saudi Electricity Company (SEC), a utility company focused on generation, transmission, and distribution across Saudi Arabia, this project directly bolsters its critical transmission infrastructure in its primary market. PDC, as SEC's project development arm, typically develops independent power projects (IPPs), yet this Riyadh Grid Modernization Project demonstrates its expanded remit to include direct utility-owned infrastructure upgrades. This initiative strengthens SEC's operational backbone in Riyadh, ensuring a more robust and modern electricity supply for the Saudi Arabian capital. The development, announced by PDC on 2026-03-11, illustrates SEC's proactive strategy for maintaining and upgrading its extensive network.
  • 65 overhead transmission towers will be replaced with underground power lines.
  • The Riyadh Grid Modernization Project was announced on 2026-03-11.
  • PDC, the project development arm of Saudi Electricity Company (SEC), is the developer.
  • The project is located in Riyadh, Saudi Arabia.
  • The initiative focuses on the electricity transmission sector.
  • The project's value remains undisclosed.

Source Intelligence

KEY DETAILS

The project involves replacing 65 overhead electricity transmission towers with underground power lines. Four underground power lines will be installed, each extending around 30 kilometers. The initiative aims to improve the urban landscape, strengthen the efficiency of the city’s electrical infrastructure, enhance reliability, and support urban development. The implementation will be supervised by PDC, the project development company of Saudi Electricity Company.

Location
replace them with underground power cables in Riyadh. The project is being implemented in collaboration with the Riyadh Track development program and will focus on the area along Prince Mohammed bin Salman Road in Riyadh.
Announcement
Saudi Electricity Company Launches Riyadh Grid Modernization Project to Replace 65 Overhead Transmission Towers with Underground Power Lines - SolarQuarter Wednesday, March 11, 2026
PARTIES MENTIONED IN SOURCE
S
Saudi Electricity Company (SEC) developer

"The Saudi Electricity Company (SEC), through its project development arm PDC (Saudi Electricity Company Project Development Company), has announced a major infrastructure initiative"

P
PDC (Saudi Electricity Company Project Development Company) developer

"The Saudi Electricity Company (SEC), through its project development arm PDC (Saudi Electricity Company Project Development Company), has announced a major infrastructure initiative"

R
Riyadh Track development program collaborator

"The project is being implemented in collaboration with the Riyadh Track development program"

high quality Enriched Mar 11, 2026

Timeline

Announced
Mar 11, 2026
Signed
Closed

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