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Argaam Tools ×
Al Yamamah Wind Power Systems Factory
Overview
Establishing a factory to manufacture steel towers for wind energy production at a cost of SAR 293 million. The project is part of the company’s expansion plan in the electricity sector.
Project Information
- Power and Utilities > Electric and Water Utilities
- On March 1, the company announced the start of implementing Al Yamamah wind power systems plant at the cost of SAR 293 million.
- In Q3 2021, the company announced the completion of design and the analysis of contractors’ bids to execute the civil and electromechanical works of the project.
- The company announced that it expects to finish construction works of the project in Q2 2023 and start trial operations in Q4 2023.
-
In 2023 board report, the company revealed that it will complete construction, installation and commence commercial operations of the production lines in Q2 2024.
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Related Parties
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Project Developments
Tadawul-listed firms’ pipeline of projects, expansion plans for 2023Argaam Special03/01/2023
Key projects, expansions planned by Tadawul-listed companies in H2 2023Argaam Special13/07/2023
A look at Al Yamamah Steel’s projects developments, future expectations for 2024Argaam Special10/01/2024
Al Yamamah Steel completes design, contractors’ bid analysis for wind power project Argaam13/09/2021
Al Yamamah Steel’s new plant to meet 40% of wind tower demand in Kingdom: CEOArgaam Special10/02/2021
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