Saudi Electricity Company, India’s NTPC Sign Strategic Partnership to Boost Energy Cooperation

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Under the Ministry of Energy’s supervision, the Saudi Electricity Company (SEC) signed a strategic memorandum of understanding (MoU) today with India’s NTPC Limited to strengthen collaboration and share technical expertise in the power sector.

The signing ceremony took place at the ministry’s headquarters in Riyadh, attended by senior officials including Assistant Minister of Energy for Electricity Affairs Eng. Nasser Al-Qahtani, Indian Ambassador to Saudi Arabia Dr. Suhel Ajaz Khan, and SEC CEO Eng. Khalid AlGhamdi.

The MoU was signed by SEC Executive Vice President of Generation Eng. Abdulrahman AlRehaimi and NTPC General Manager and Head of International Business Development Dr. Jatinder Singh Chandok.

The agreement covers cooperation in power plant operations and maintenance, modernization and upgrades, procurement, engineering services, and project management. It also outlines joint initiatives in research and development of advanced energy technologies.

Additionally, the partnership includes plans to establish a joint venture company to provide power plant services across the Middle East, promote knowledge exchange, and explore investment opportunities in new electricity projects.

This strategic alliance aligns with SEC’s broader efforts to expand international partnerships and leverage global expertise to advance the Kingdom’s electricity sector.

Finally, SEC is the Middle East and North Africa’s largest producer, transmitter, and distributor of electric power, serving over 11 million customers. NTPC, one of India’s leading state-owned electricity companies, operates with an installed capacity of around 77,000 megawatts from a diverse mix of coal, gas, hydroelectric, wind, and solar power.

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