KEIR, National Grid SA sign SAR 14.05M contract

KEIR International Co. signed today, Jan. 3, a SAR 14.05 million contract with the National Grid-SA to implement a cable circuit replacement project at a station in Riyadh, according to a statement to Tadawul. 

The company will provide a 132-kilovolt high-voltage underground cables network.  

The contract is valid for 21 months from the date of signing.  

The financial impact will appear from Q1 2024 to Q4 2025.