Riyadh Cables wins big supply contract for Dubai solar project
DUBAI, January 30, 2024
Saudi-based Riyadh Cables Group said it has entered into a deal with India's top engineering and construction conglomerate Larsen & Toubro (L&T) to supply high-voltage alternating current (HVAC) cable system for a major solar project in Dubai.
As per the AED160 million ($43.5 million) L&T contract, Riyadh Cables will be responsible for the manufacture, supply and supervision of a 260-km HVAC cable system for the sixth phase of Mohammed bin Rashid Al Maktoum Solar Park project.
The entire supply work will be completed by the Saudi company within the first quarter of 2025, it stated.
"As part of its strong push towards environmental sustainability, Riyadh Cables Group has introduced multiple products in recent years catering specifically to the renewable energy sector," said a company spokesman.
"MBR 6 will increase the park’s total renewable energy production capacity to 4,660MW thus making it one of the largest renewable energy projects in the world," he added.
The MBR Solar Park is the largest single-site facilty in the world based on the Independent Power Producer (IPP) model. It has a planned production capacity of 5,000 MW by 2030 and on completion, it will save over 6.5 million tonnes of carbon emissions per annum.-TradeArabia News Service
