Germany's Siemens has won contracts totalling more than SR 400 million ($107 million) to build and extend substations throughout the kingdom for Saudi Electricity Company (SEC) and the local National Industrialisation Company (NIC).
For SEC, Siemens has signed five contracts, worth more than SR 188 million ($50 million), to build new 110/13.8-kV substations at Bawadi, Al-Rehab, Al-Aziziyah, Kilometre 14 and Rewais 2. It has also won three contracts, totalling more than SR 70 million ($18 million), to extend the 110-kV Prince Fawaz, IP3, and Mina 1 substations.The company is also low bidder at SR 185 million ($49 million) for the SEC contract to build a new 380/132-kV substation at Rabigh (MEED 24:3:06).For NIC, Siemens was recently awarded two contracts, totalling more than SR 150 million ($40 million), to build a 240-kV substation at Jubail, and a 110-kV substation at Yanbu.
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