Siemens Energy to power Saudi housing megaproject
Siemens Energy has announced strengthening of the transmission network in Saudi Arabia’s capital, Riyadh.
Image source: Siemens Energy
Saudi Arabia, Riyadh: Siemens Energy has announced strengthening of the transmission network in Saudi Arabia’s capital, Riyadh.
The company will bring, bringing power to more than 30,000 homes in ROSHN’s first residential community in Riyadh, which spans across 20 million square meters.
The Kingdom’s Public Investment Fund (PIF) officially launched ROSHN as one of its four megaprojects in 2020 with the aim of developing communities in major cities across the Kingdom, to increase the rate of Saudi home ownership to 70 %, and support job creation as per Vision 2030. ROSHN’s Riyadh community will comprise of mosques, shops, cafes, parks, schools, and leisure and entertainment facilities.
“This contract will enable Siemens Energy to create more jobs for Saudi talents and will provide homes to meet the needs of Saudi families. One of our main values as Siemens Energy is to care for the communities where we live and so it is an honour for us to be able to contribute to such a great project,” said Mahmoud Sulaimani, Managing Director of Siemens Energy in Saudi Arabia.
The grid project will boost transmission capacity and feed power to the new integrated urban community project. Siemens Energy will provide engineering, supply, construction, installation, and commissioning of grid stations which connect the residential community to the Saudi National Grid.
Due to the rapidly accelerating development plans, Saudi Arabia is emerging as one of the largest markets worldwide for power transmission and grid projects.
Source: Siemens Energy