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Pauwels Transformers, a subsidiary of Electrical Industries, signed an optional four-year contract worth $80.4 million to supply distribution transformers to four Belgian electricity distributors, running August 2024 to July 2029. The transformers will be made at Saudi Transformers Company in Dammam.
“The four-year contract with Fluvius System Operator, ORES Assets, RESA Innovation & Technology, and Sibelga will run from August 2024 to July 2029.”db.forbesmiddleeast.com
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