Saudi Electricity wins SAR 180 mln power project

08/02/2018 Argaam

 

Jeddah Economic Company (JEC), 33.35 percent-owned associate of Kingdom Holding, has awarded a SAR 180 million power transmission contract to Saudi Electricity.

 

The agreement covers the supply of utilities to Jeddah Economic City and Jeddah Tower developments. The two companies will sign a water supply and district cooling services agreement soon.

 

In January, JEC awarded a SAR 620 million contract to Al-Fouzan Trading & General Construction Co. to erect infrastructure networks of Jeddah Tower and Jeddah Economic City.

 

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