Keir International announces the awarding of a project with National Grid Company-NG to implement CONNECTION OF AL-ARIDH WITH 132KV NETWORK IN RIYAHD CITY Project, with a total value of 48,849,893 including the value added tax.

-1.25 %
1445/03/17     02/10/2023 08:13:50

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

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

Date of the Award 2023-10-01 Corresponding to 1445-03-16
Contract Value 48,849,893 including VAT (15%)

Forty-Eight Million Eight Hundred Forty-Nine Thousand and Eight Hundred Ninety-Three Riyals.

Expected Date for Signing the Contract 2023-11-20 Corresponding to 1445-05-06
Contract Details Extension of high voltage underground cables 132KV, Protection, Telecommunication, SCADA & Substation Automation.
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 3.95
Net Change -0.05 (-1.25%)
Value Traded (Sar) 63,245.55
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