{"id":89814,"date":"2025-12-04T09:47:22","date_gmt":"2025-12-04T06:47:22","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=89814"},"modified":"2025-12-04T09:47:22","modified_gmt":"2025-12-04T06:47:22","slug":"1-3-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%b1%d9%8a%d8%a7%d9%84-%d9%84%d8%a5%d9%86%d8%b4%d8%a7%d8%a1-%d8%a7%d9%84%d8%a8%d9%86%d9%8a%d8%a9-%d8%a7%d9%84%d8%aa%d8%ad%d8%aa%d9%8a%d8%a9-%d8%a7%d9%84%d9%83","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/89814\/","title":{"rendered":"1.3 billion riyals to build electrical infrastructure for Souda Summits tourism project"},"content":{"rendered":"<p>Signed <strong><a href=\"https:\/\/soudah.sa\/\">Al Souda Development Company<\/a><\/strong>a Public Investment Fund (PIF) company, signed a SAR 1.3 billion agreement with the National Electricity Transmission Company, a wholly owned subsidiary of the Saudi Electricity Company (SEC), to develop and implement the integrated electrical infrastructure for the Souda Peaks project.<\/p>\n<p>According to the company's statement, this partnership is a pivotal step in the development of Souda Peaks, a luxury tourism destination at 3,015 meters above sea level, and reflects Souda Development's commitment to achieving the highest standards of excellence and delivering unparalleled experiences in tourism, hospitality, shopping, luxury residential options, and more.<\/p>\n<p>The National Electricity Transmission Company will design and construct an integrated electrical network that includes a 132\/380 kV (500 MVA) centralized switching station and two 13.8\/132 kV substations.<\/p>\n<p>This advanced infrastructure will form the backbone of electrical services for all areas of the project and its tourism, residential, commercial and public facilities.<\/p>\n<p>Saleh Al-Oraini, CEO of Al Soudah Development Company, noted that this agreement is an important step in the development of Al Soudah Peaks, an ultra-luxury destination that embodies global standards of excellence and sustainability. \u201cThrough our partnership with the National Electricity Transmission Company, we are establishing a high-level infrastructure that will serve the project in all its phases,\u201d he said.<\/p>\n<p>For his part, the CEO of the National Electricity Transmission Company, Engineer Waleed Al Saadi, said that the agreement is a milestone in the development of the electrical infrastructure of the Sudah Peaks project, and reflects the commitment of the National Electricity Transmission Company to support major development projects in the Kingdom through integrated solutions that adopt the highest standards of efficiency and reliability.<\/p>\n<p>\u201dThis partnership with Al Soudah Development plays a pivotal role in enabling luxury tourism destinations and the growing economic structure in the Kingdom's regions by establishing an advanced electrical network that meets the needs of the project in all its phases,\" he said.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>Al Souda Development Company, a Public Investment Fund (PIF) company, has signed a SAR 1.3 billion agreement with National Electricity Transmission Company (NETC), a wholly-owned subsidiary of Saudi Electricity Company (SEC), to develop and implement the integrated electrical infrastructure for the Al Souda Peaks project. According to the company's statement, this partnership is a pivotal step in the development of Souda Peaks, a luxury tourism destination at an altitude of 3,015 meters above ... <a title=\"1.3 \u0645\u0644\u064a\u0627\u0631 \u0631\u064a\u0627\u0644 \u0644\u0625\u0646\u0634\u0627\u0621 \u0627\u0644\u0628\u0646\u064a\u0629 \u0627\u0644\u062a\u062d\u062a\u064a\u0629 \u0627\u0644\u0643\u0647\u0631\u0628\u0627\u0626\u064a\u0629 \u0644\u0645\u0634\u0631\u0648\u0639 &#8220;\u0642\u0645\u0645 \u0627\u0644\u0633\u0648\u062f\u0629&#8221; \u0627\u0644\u0633\u064a\u0627\u062d\u064a\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/89814\/\" aria-label=\"Read more about 1.3 \u0645\u0644\u064a\u0627\u0631 \u0631\u064a\u0627\u0644 \u0644\u0625\u0646\u0634\u0627\u0621 \u0627\u0644\u0628\u0646\u064a\u0629 \u0627\u0644\u062a\u062d\u062a\u064a\u0629 \u0627\u0644\u0643\u0647\u0631\u0628\u0627\u0626\u064a\u0629 \u0644\u0645\u0634\u0631\u0648\u0639 &#8220;\u0642\u0645\u0645 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