Procurement News Notice |
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PNN | 91097 |
Work Detail | The contract was awarded by Larsen & Toubro Saudi Arabia Al-Babtain Power and Telecommunication Company has secured a contract from Larsen & Toubro (L&T) Saudi Arabia to supply overhead transmission line steel towers valued at 390 million Saudi riyals ($103.98 million). The towers will be supplied for the new 500kV high-voltage direct current (HVDC) overhead transmission line for the central-south interconnection link (Portion II), the company said in a statement to the Saudi stock exchange on Monday. The contract has a duration of 24 months. The order is expected to positively impact the company’s fourth quarter 2025, the statement said. |
Country | Saudi Arabia , Asia |
Industry | Energy & Power |
Entry Date | 19 Feb 2025 |
Source | zawya.com/en/projects/utilities/saudis-al-babtain-bags-104mln-contract-for-overhead-transmission-line-steel-towers-t8cxsl1y |