AETCON Wins Contract For Transmission Line Project In Saudi Arabia

THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

AETCON Wins Contract For Transmission Line Project In Saudi Arabia

• 18 Jan 2022
• Saudi Arabia
• Infrastructure

News: Saudi Electricity Company has awarded a SAR 542.8mn (USD144.7mn) contract to Arabian Electrical Transmission Line Contracting (AETCON) in a tender for the installation of a 380kV overhead transmission line (OHTL) in Saudi Arabia. The proposed 390km-long OHTL will be installed between the Buhirah bulk supply point (BSP) and Tabarjal BSP. AETCON will deliver the project on a turnkey basis, being responsible for the design, engineering, materials procurement, installation, construction, testing and commissioning (Saudi Gulf Projects).

This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.