SPTC secures $376M transformer supply contract from Saudi Electricity

Saudi Power Transformers Co. (SPTC) secured a $376 million (SAR 1.4 billion) contract from Saudi Electricity Company to supply extra high-voltage and high-voltage transformers and reactors over 84 months. The contract supports Saudi Arabia's grid expansion and localisation goals under Vision 2030.

“The 84-month agreement covers extra high-voltage and high-voltage equipment to support the kingdom’s main power utility in meeting rising electricity demand.”transformer-magazine.com

• 2 sources
• transformer-magazine.comSaudi Electricity awards $376 M transformer contract – Transformer MagazineSep 24, 2025
• resources.strategyconnect.coSaudi Power Transformers Co. (SPTC) secured a SAR 1.4 billion (≈ USD 376.3 million) contract from Saudi Electricity Company to supply extra high-voltage and high-voltage transformers and reactors under an 84-month agreement. - StrategyConnectHaninder Pal SinghOct 7, 2025

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