Riyadh – Mubasher: Keir International Company was awarded a contract worth SAR 34.13 million by Saudi Electricity Company (SEC) earlier in November 2023 to implement a project in a Riyadh-based station.
The deal, which was expected to be signed on 20 November, aims to replace the existing 132-kilovolt (KV) underground electrical cable with a new one and to carry out the related communication work, according to a bourse filing.
In July 2023, Keir International signed two agreements with SEC at an integrated value of SAR 165.94 million.
It is worth mentioning that Keir International is expected to sign another deal amounting to SAR 26.43 million with SEC in December this year.
