Tadweeer says SEC contract valued at SAR 20.5 mln

11/10/2022 Argaam
Logo ofNational Environmental Recycling Co. (Tadweeer)

Logo of National Environmental Recycling Co. (Tadweeer)

National Environmental Recycling Co. (Tadweeer) said in a bourse filing that the awarded contract by Saudi Electricity Co. (SEC) was valued at nearly SAR 20.5 million, including value-added tax (VAT).

 

The relevant financial impact will likely appear by the end of 2022, the statement added.

 

Tadweeer announced on Oct. 10 that it was awarded a contract by SEC to recycle damaged electrical materials and parts, Argaam reported.

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