Make MENAFN My Home Page
 
  Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi SEC awards Siemens with USD175 m project  Join our daily free Newsletter

MENAFN - 29/12/2013
No. of Ratings : 0
Add to Mixx!


(MENAFN) Saudi Electricity Company (SEC) has awarded Siemens, a global powerhouse in electronics and electrical engineering operating in the energy, infrastructure, industry and health care sectors, a project to construct 380 kV Hail 3 substation, according to Arab News.

The deal was signed between SEC President and CEO Ali Al-Barrak and Head of Energy Transmission Siemens #SaudiArabia Peter Bruder, and was estimated at USD175.9 million.br>

Arja Talakar, CEO of Siemens Saudi Arabia, said: "The contract is a testimony to Siemens commitment and contribution toward the reliable and efficient energy supply for the Kingdom. The Hail region is undergoing a rapid population, agricultural and industrial growth. This substation will ensure a continuous power supply without compromising the reliability, efficiency, and environmental compatibility of the comprehensive energy system."

 
 


MENAFN




Loading, Please wait....


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help