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Al-Babtain to manufacture, supply transmission towers worth SAR 148 mln

Al-Babtain to manufacture, supply transmission towers worth SAR 148 mln
ALBABTAIN
2320
115.93% 39.30 21.10
SAUDI ELECTRICITY
5110
11.75% 19.78 2.08
Al-Babtain Power & Telecommunication has signed a contract to manufacture and supply 380 KV overhead transmission line towers at a total value of SAR 148 million, with the National Contracting Company, under the supervision of Saudi Electricity Company (SEC).

This self-financing contract is to be implemented within15 months starting from the signing date - April 16, 2014.

This deal is expected to reflect on sales starting from Q4-14.