Friday, 14 March 2025

Electrical Industries’ Subsidiary Signs SAR 129.37 Million Transformer Supply Contract

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Electrical Industries Company announced that one of its subsidiaries, Saudi Power Transformers, has signed a transformer supply contract with Tecnicas Reunidas Saudia for Services and Contracting Company Ltd, with a contract value of SAR 129.37 million.

The company stated in its announcement on “Tadawul” today that the contract is expected to have a positive financial impact on the financial results for the year 2026.

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