Al-Jouf Cement said in a statement to: Saudi market It will “incur” no financing to implement the project and will not incur any capital or operating expenditures.
She added that she would buy the electricity produced from the station for a period of 25 years at a cost lower than the cost of the company’s current production from its station that operates with heavy fuel and less than the cost of electricity for the industrial sector in the event of a connection to the electricity company.
The statement expected that this station, upon completion, would contribute about 25 percent of the company’s electricity needs.
