Siemens AG signed a contract worth US$136mn to build a 400KV electrical grid station in Abu Dhabi.
Energy
ABB wins deal to power Najran University
ABB won a second order from Saudi Arabias Najran University in a deal worth US$40mn.
Modon signs deals worth US$350mn with SEC
Saudi Industrial Property Authority (Modon) announced that it has signed two contracts worth US$350mn with the Saudi Electricity Company (SEC) for the delivery of electricity to the 3rd Industrial City in Jeddah and the 3rd Industrial City in Dammam.
Masdar gets solar plant financing
Masdar succeeded in getting US$615mn in financing from banks for the worlds biggest concentrated solar power plant (CSP).
Alstom Grid to reinforce Saudi electricity network
Alstom Grid has been awarded two contracts worth a total of US$83.1mn by the Saudi Electricity Company (SEC) for five substation extensions and two new substations.