Al Yamamah Steel inks SAR 119.1M supply contract for Central Province project

30/10/2024 Argaam
Logo ofAl Yamamah Steel Industries Co.

Logo of Al Yamamah Steel Industries Co.

Al Yamamah Steel Industries Co. signed a contract to supply steel towers with Larsen & Toubro Saudi Arabia LLC for a project to construct a 380 kv ultra-high voltage line in the Central Province, at a value of SAR 119.08 million.

 

The contract term is one year, said the company, adding that the period of supply will start in January 2025.

 

For more news and details on the projects

 

The company also expects the related financial impact to reflect on financial statements for Q2 2025. It noted that there are no related parties.

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