Al-Babtain inks $16 mln supply deal for Jordan’s Baynouna project

18/03/2019 Argaam

 

Al-Babtain Power Telecommunication Co. has signed a contract worth $16.31 million (SAR 61.15 million) to supply solar power steel structures to Jordan’s Baynouna solar project.

 

The contract, awarded on Mar. 18, 2019, will be valid for six months starting from the signing date, the company said in a bourse filing on Monday.  

 

The financial impact of this contract is likely to show in Q3 2019, Al-Babtain added, noting that no related parties are involved in the deal.

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