KEIR awarded SAR 34.1 mln contract from Saudi Electricity

05/11/2023 Argaam
Logo ofKEIR International Co.

Logo of KEIR International Co. 

KEIR International Co. received an award letter from Saudi Electricity Co. valued at SAR 34.1 million, including value-added tax (VAT), for an oil circuit replacement project at a station in Riyadh.

 

In a statement to Tadawul, the company pointed out that the contract includes replacing the current 132 KV ground electrical cable with a new cable, in addition to the relevant accessories and connection works.

 

There are no related parties to the deal, the statement added.

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