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    NESMA Wins SAR326mn Contract To Build Jafurah 380kV Substation In Saudi Arabia

    September 30, 2022 - Fitch Solutions Sector Intelligence


      • Infrastructure
      • Saudi Arabia
      • Company Brief
      • Fitch Solutions

      NESMA Wins SAR326mn Contract To Build Jafurah 380kV Substation In Saudi Arabia

      • 30 Sep 2022
      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.

      News: Saudi Electricity Company has awarded a SAR326.0mn (USD86.9mn) contract to NESMA Infrastructure & Technology for the construction of a substation in Jafurah, Saudi Arabia. The scope of work includes the construction of a new indoor 380/230kV gas insulated substation with major equipment, reactors, a protection and control system, a substation automation system, a telecommunication system, a security system, cyber security, civil works and electro-mechanical works. Under the contract, NESMA will conduct the work on a lump sum turnkey basis, as well as conduct the design, engineering, materials procurement, quality management and other works (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.


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