Keir International, a leading Saudi group, has announced that it has secured a major contract from Saudi Electricity Company for the inter-tie project in Al Khobar in the kingdom's Eastern Province.  

 

The scope of work includes installation of 115 kV underground cables between two stations west of Al Khobar, said Keir International in its bourse filing.

 

As per the SR26.2 million ($6.98 million) contract, the entire project work will be completed in 21 months, it stated.

 

The financial impact will appear in the first quarter of 2024 until the fourth quarter of 2025, it added.-TradeArabia News Service