# 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.

- Type: Contract
- Announced: 2025-09-24
- Where: Saudi Arabia
- Value: $376.0M
- Status: announced
- Products: transformers, reactors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Saudi Power Transformers Company](https://endata.com/companies/71415.md)
- [Saudi Electricity Company](https://endata.com/companies/8447.md) (customer)
- [Saudi Power Transformers Company](https://endata.com/companies/71415.md) (supplier)

## Sources

- [transformer-magazine.com](https://transformer-magazine.com/news/saudi-electricity-awards-376-m-transformer-contract/), 2025-09-24: "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."
- [resources.strategyconnect.co](https://resources.strategyconnect.co/government-initiative/saudi-power-transformers-co-sptc-secured-a-sar-1-4-billion-%E2%89%88-usd-376-3-million-contract-from-saudi-electricity-company-to-supply-extra-high-voltage-and-high-voltage-transformers-and-react/), 2025-10-07: "Saudi 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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.