The Saudi Electricity Company (SEC) and India’s NTPC Limited have signed a Memorandum of Understanding to strengthen cooperation in the power sector. The agreement was formalized at the Ministry of Energy headquarters in Riyadh on September 18, 2025, under the supervision of the Ministry.
The signing ceremony included several officials: Eng. Nasser Al-Qahtani, Assistant Minister of Energy for Electricity Affairs; H.E. Dr. Suhel Ajaz Khan, Indian Ambassador to Saudi Arabia; Eng. Khaled Al-Ghamdi, CEO of SEC; and Mr. Jaikumar Srinivasan, board member of NTPC.
Eng. Abdulrahman Al-Ruhaimi, Executive Vice President of Generation for SEC, and Dr. Jatinder Singh Chandok, General Manager and Head of International Business Development for NTPC, signed the agreement on behalf of their respective organizations.
The memorandum outlines collaboration in operating and maintaining power plants, upgrades and modernization efforts, procurement processes, engineering services, and project management activities. It also includes joint research on advanced energy technologies and plans to establish a joint venture for providing power plant services in the Middle East region. Additional elements include knowledge sharing among specialists from both companies and investments in new power projects.
According to SEC representatives, “This move highlights the SEC’s ongoing efforts to strengthen its international partnerships and leverage global expertise to support the growth of the Kingdom’s electricity sector.”
SEC is recognized as the largest producer, transmitter, and distributor of electricity in both the Middle East and North Africa regions. The company serves more than 11 million customers across Saudi Arabia. NTPC is one of India’s leading state-owned power companies with an installed capacity nearing 77 GW from various sources including coal, gas, hydroelectricity, wind, and solar energy.
