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Riyadh Cement Co. Announces Contract Sign Off with Sinoma Energy Conservation Ltd

3092
RIYADH CEMENT
-1.13 %
1445/05/14     28/11/2023 15:42:38

Element ListExplanation
Introduction Riyadh Cement Company signed a contract for the Waste Heat Recovery Project
Date of Announcement of the Award 2023-11-28 Corresponding to 1445-05-14
Contract Subject Matter Establishing power generation plant from waste heat with a production capacity of 12.64 MW.
Date of Signing the Contract 2023-11-28 Corresponding to 1445-05-14
Contract Value $34,800,000
Contract Details Establishing power generation project to recover waste heat with a production capacity of 12.64 MW.
Contract Duration 20 months
Financial Impact and the Relevant Period To be announced later
Related Parties none
Additional Information The project will be funded by a local bank.

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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