Al-Sharif Group & KEC

What Al-Sharif Group & KEC does

Al-Sharif Group & KEC is a privately-held Saudi Arabian power infrastructure company headquartered in Jeddah, founded in 1997 and operating with 501-1,000 employees. The company constructs and maintains underground cables, substations, and solar energy systems, and participates in the execution of high-voltage power transmission projects in the MENA region. Its core technology focus is power transmission infrastructure and high-voltage transformer manufacturing, with execution capability across voltage classes including 132 kV, 380 kV, and 500 kV.

The company's business model is project-based EPC and infrastructure execution, conducted primarily through joint venture structures that pair Al-Sharif's local Saudi presence and execution capability with international engineering and manufacturing partners. The 50:50 JV with India's Bajaj Group company Bajel Projects targets power transmission infrastructure and has secured orders exceeding Rs 400 crore for a 500 kV overhead transmission line under a Saudi national grid reinforcement program. A separate JV with Oman's Voltamp Energy SAOG, operating as the National Transformer Company (now branded 'Saudi Voltamp'), is building a high-voltage power transformer manufacturing facility near Jeddah, with a $10 million investment plan and an expansion roadmap to 380 kV capacity by 2027.

Al-Sharif's customer base is concentrated in the power transmission infrastructure segment, serving government utilities and national grid operators in Saudi Arabia and the broader MENA region. The company differentiates through strategic alliances that provide combined engineering capabilities and project execution expertise in international markets, particularly through partnerships with Bajaj Group (India) and Voltamp Energy (Oman). Revenue mechanics are driven by lumpy, multi-year transmission and substation contracts tied to regional grid modernization programs, with the company positioning itself as a domestic Saudi EPC partner for flagship national infrastructure programs.

Name

Al-Sharif Group & KEC

Legal name

Al-Sharif Group & KEC

Website

https://alsharifkec.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Al-Sharif Group & KEC is a Saudi Arabian power infrastructure EPC firm, founded in 1997 in Jeddah, that constructs and maintains underground cables, substations, and solar energy systems. It serves regional utilities and national grid operators through JVs with India's Bajaj Group and Oman's Voltamp Energy.

Ownership category

akta.pro rank

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Electric Bulk Power Transmission and Control (221121)

SIC

Power, Distribution & Specialty Transformers (3612), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Transmission line EPC & construction (overhead) (EUADAKAA)

akta.pro secondary industries

Grid Interconnection & Collector Substation EPC (Utility-Scale Renewables) (EUAEABAK), Underground Distribution (Cable, Duct Bank & Vault) EPC (EUAEACAB), Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB)

Keywords

• Power transmission infrastructure
• Transformer manufacturing
• Underground cable construction
• Substation construction
• Solar energy systems

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Markets served

Core offering

Al-Sharif Group & KEC develops and executes power transmission infrastructure projects and operates high-voltage transformer manufacturing operations in Saudi Arabia through joint ventures. The company engages in 500 kV overhead transmission line construction as part of national grid reinforcement programs and produces 132 kV and 380 kV power transformers via a manufacturing joint venture.

Differentiator

Problem solved

Functional benefit

Segments2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Voltamp Energy SAOGcoreStrategic or Co-development Partner · 2 March 2026Joint venture partner in National Transformer Company in Saudi Arabia. Voltamp Energy from Oman increased its stake from 49% to 80%, gaining majority ownership and full management control. The partnership supports a $10 million plan to establish a high-voltage power transformer manufacturing facility near Jeddah, branded as 'Saudi Voltamp', implemented in phases with plans to expand to 380 kV capacity by 2027.
• Bajel Projects (Bajaj Group)coreStrategic or Co-development Partner50:50 joint venture with Bajaj Group company Bajel Projects operating in Saudi Arabia. The partnership focuses on power transmission infrastructure projects. Through this JV, they secured orders worth over Rs 400 crore for a 500 kV overhead transmission line as part of a flagship national grid reinforcement program. The JV strengthens engineering capabilities and project execution track record in international markets.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• ABB: Global supplier of transformers, substations, and power transmission solutions. Comparable as a high-voltage equipment and grid infrastructure counterpart serving the same utility customers in Saudi Arabia and MENA.
• Siemens Energy: Global OEM of high-voltage transformers, switchgear, and grid infrastructure with a strong Middle East presence. Competes with Al-Sharif's transformer JV for large utility tenders and overlaps in substation EPC.
• Kalpataru Projects International: Established Indian power transmission and distribution EPC company with international operations. Comparable to Al-Sharif in transmission line and substation EPC execution, but operating at a significantly larger scale and geographic breadth.
• Larsen & Toubro (L&T) Construction: Large Indian EPC conglomerate with a major power T&D and substations practice and growing Middle East presence. Overlaps with Al-Sharif in high-voltage transmission and substation EPC, though from a much larger and more diversified base.

Others

• Saudi Electricity Company: Dominant Saudi power utility and primary off-taker for transmission and substation projects in the Kingdom. Comparable as the principal customer ecosystem within which Al-Sharif's T&D EPC business operates, rather than as a direct competitor.

Direct peers

• Alfanar: Saudi-headquartered manufacturer and EPC contractor for electrical infrastructure, including substations and cables. A direct regional peer to Al-Sharif in Saudi power T&D EPC and electrical equipment.
• Elsewedy Electric: Egyptian-based MENA power infrastructure group with cables, transformers, substations, and EPC capabilities. Closely comparable to Al-Sharif's combined product and EPC footprint across the Middle East power sector.
• Bajel Projects (Bajaj Group): Indian EPC arm of the Bajaj Group and Al-Sharif's 50:50 JV partner for power transmission infrastructure in Saudi Arabia. Comparable as a power T&D EPC contractor expanding into the MENA market via JV structures.
• Voltamp Energy SAOG: Omani transformer manufacturer that is Al-Sharif's JV partner in the National Transformer Company and 'Saudi Voltamp'. Directly comparable in high-voltage transformer manufacturing and a strategic peer for the transformer JV business.
• KEC International: Indian power transmission EPC company and the apparent namesake/affiliate behind the 'KEC' branding in Al-Sharif Group & KEC. Directly comparable as a high-voltage transmission line and substation EPC contractor operating across emerging markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/alsharif-kec

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Al-Sharif Group & KEC