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“Al Hassan Engineering Co. Dubai LLC (which is controlled by Al Hassan Engineering Co. SAOG owning 99% of its share capital), has received LOI from M/s Siemens for construction of 132KV substations for DEWA , Dubai for AED 54.83Milion.
The project duration is 12 months from notice to proceed letter expected during Nov 2015 and we expect reasonable income from this project”.
Source:
Muscat Exchange News
