Mubasher: Gulf Cable and Electrical Industries has received a letter of award from the Kuwaiti Central Agency for Public Tenders (CAPT) for a tender offered by the Ministry of Electricity and Water valued at KWD 6.375 million.

Under the tender, the company will provide various low-voltage cables, according to a bourse disclosure on Wednesday.

The transaction’s impact will be determined upon signing of the contract and receiving the purchase order.