KEIR awarded SAR 34.1 mln contract from Saudi Electricity

05/11/2023 Argaam

KEIR awarded SAR 34.1 mln contract from Saudi Electricity

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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