GE Vernova has taken a significant step toward supporting Saudi Arabia’s Vision 2030 by signing a Memorandum of Understanding (MoU) with Saudi Electricity Company (SEC). The agreement, which was celebrated on stage with H.E. Bandar Bin Ibrahim Alkhorayef, the Minister of Industry and Mineral Resources and Chairman of the Local Content and Government Procurement Authority, highlights the joint effort to explore opportunities for localizing grid products in the Kingdom.

The MoU outlines active discussions on which grid products can be manufactured locally to align with the Kingdom’s growing energy needs and to contribute to the transformation of Saudi Arabia’s energy sector. This collaboration further solidifies GE Vernova’s commitment to enhancing its supply chain and supporting the development of Saudi Arabia’s energy infrastructure.

Hisham Al Bahkali, President of GE Vernova in Saudi Arabia, and Bernard Dagher, Chief Strategy & Growth Officer of GE Vernova’s Grid Solutions business, proudly represented the company at this prestigious event, marking another milestone in GE Vernova’s partnership with SEC.

This collaboration aligns with the strategic goals of Saudi Vision 2030, focusing on enhancing local content and advancing the Kingdom’s energy sector toward a more sustainable future.

Source: LinkedIn/GE Vernova in Middle East & Africa