Bawan subsidiary signs SAR 269 mln deal with Saudi Electricity

10/10/2018 Argaam

 

United Technology of Electric Substations and Switchgears Co., a subsidiary of Bawan Co., signed a SAR 269 million agreement with state-controlled utility, Saudi Electricity Company (SEC), to supply unit substations.

 

The financial impact of the nine-month deal is expected to show in H1 2019 results, Bawan said in a statement on Tadawul.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
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.