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Al Yamamah Steel signs a contract to supply steel towers worth 179 million riyals

Noah by Noah
December 24, 2021
in World
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Al Yamamah Steel signs a contract to supply steel towers worth 179 million riyals
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Al-Yamamah Steel Industries Company announced the signing of a contract to supply steel towers at a value of 178.6 million riyals, in favor of the Arab Company for the Construction of Electrical Installations Ltd. “ATCON”.

Al-Yamamah Steel said in a statement on “Saudi Tadawul”, today, Thursday, that it will supply steel towers for electric power transmission lines for the construction of the 380 kilovolt link line between Buhaira and Tabarjal station.

She added that the supply period is 12 months, starting from May 2022.

It expected the financial impact to appear from the third quarter of the fiscal year 2022 to the third quarter of the fiscal year 2023.

Tags: contractmillionriyalssignsSteelsupplytowersworthYamamah
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