Keir International announces the awarding of a project with National Grid Company-NG to implement the CONNECTION OF AL-NAZIM BSP, WITH 132KV NETWORK IN RIYADH CITY, with a total value of 253,202,329 including the value added tax.

-0.50 %
1445/03/17     02/10/2023 08:09:06

Element ListExplanation
Introduction Keir International announces the receipt of award letter from National Grid SA on 01/10/2023

To connect Al-Nazim Bulk Supply Point (BSP) with 132 KV Network in Riyadh

Date of the Award 2023-10-01 Corresponding to 1445-03-16
Contract Value 253,202,329 including VAT (15%)

Two Hundred Fifty-Three Million Two Hundred Two Thousand Three Hundred Twenty-Nine SR.

Expected Date for Signing the Contract 2023-11-20 Corresponding to 1445-05-06
Contract Details High voltage underground cables 132KV network expansion, Gas Insulated Switchgear (GIS) Substation Extension, Protection, Telecommunication and Substation Automation for remote ends.
Related Parties N/A
Additional Information N/A

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Last Price 3.98
Net Change -0.02 (-0.5%)
Value Traded (Sar) 132,163.26
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