‎Keir wins SAR 119.7M project with SEC

‎Keir wins SAR 119.7M project with SEC ‎Keir wins SAR 119.7M project with SEC

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Logo ofKeir International Co.

Keir International Co. received, on Feb. 16, an award letter from Saudi Electricity Co. (SEC) for a project to replaceoil-filled undergroundcable circuits.

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According to a statement on Tadawul, the total contract value is SAR 119.73 million, inclusive of a 15% value-added tax.

The contract involves replacing the existing 132 kVoil-filled undergroundcable circuitswith new cablesbetween substations in the central operationarea of Riyadh’s Al Murabba district.

The contract is expected to be signed on March 31, the statement said, indicating that there are no related parties.

 

Logo ofKeir International Co.

Keir International Co. received, on Feb. 16, an award letter from Saudi Electricity Co. (SEC) for a project to replaceoil-filled undergroundcable circuits.

For more news on listed companies

According to a statement on Tadawul, the total contract value is SAR 119.73 million, inclusive of a 15% value-added tax.

The contract involves replacing the existing 132 kVoil-filled undergroundcable circuitswith new cablesbetween substations in the central operationarea of Riyadh’s Al Murabba district.

The contract is expected to be signed on March 31, the statement said, indicating that there are no related parties.

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