# HD Hyundai Electric wins $62.7M power equipment deal in Saudi Arabia

HD Hyundai Electric signed a contract with Saudi Electricity Company on November 7, 2023, to supply 380 kV high-voltage circuit breakers and reactors for four new substations in eastern and central Saudi Arabia. The contract is valued at 82.2 billion won (US$62.68 million).

- Type: Contract
- Announced: 2023-11-07
- Where: eastern and central regions of Saudi Arabia, Saudi Arabia
- Value: $62.7M (82.2B KRW)
- Status: announced
- Products: 380 kV high-voltage circuit breakers, reactors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Saudi Electricity Company](https://endata.com/companies/8447.md) (customer)
- [HD Hyundai Electric](https://endata.com/companies/15628.md) (supplier)

## Sources

- [businesskorea.co.kr](https://www.businesskorea.co.kr/news/articleView.html?idxno=205351), 2023-11-09: "HD Hyundai Electric has recently entered into a supply contract with the Saudi Electricity Company (SEC) for high-voltage circuit breakers and reactors."

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