KEIR signs SAR 78.8M contract with Saudi Electricity

Logo of Keir International Co.

Keir International Co. signed today, July 15, a contract with Saudi Electricity Co. (SEC) for the project of establishing a ground line between two stations in Wadi Al Dwaser, at a value of SAR 78.78 million (excluding value-added tax).

 

In a statement to Tadawul, the company added that the contract term is 25 months and will include high-voltage (132KV) underground cable work, substation works, protection works for substations, and communication works for SCADA and SAS systems.

 

For more news and details on the projects

 

KEIR expects the related financial impact to appear in Q4 2024 until Q4 2026, noting that there are no related parties.

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Market Indices

TASI
12,025.05
54.86 0.46 %
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,950.0011,975.0012,000.0012,025.0012,050.0012,075.00
Close : 12025.05 | Mar 27, 15:20
More

Quotes

KEIR
4.40
0.07 1.62%
Created with Highstock 6.0.711:3012:3013:3015:004.304.354.404.454.50
Close : 4.39 | Mar 27, 15:11
More


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website