KEIR signs SAR 119.5M contract with National Grid SA

Logo of Keir International Co. 

Keir International Co. signed today, July 15, a contract with National Grid SA for replacing cable circuits in Riyadh, at a total value of SAR 119.5 million (including VAT).

 

For more news on listed companies

 

According to a statement to Tadawul, the contract includes replacing the old 132 kV oil-filled underground cable circuits with new cables between several substations in the central operational area, in Al-Murabba district, Riyadh.

 

The 23-month contract was signed on March 24, the statement noted, adding that the relative financial impact is expected to be reflected from Q2 2025 to Q4 2027.

 

There are no related parties to the deal.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request