# KEIR International signs SAR 247M contract with National Grid for Riyadh cable works

KEIR International signed a SAR 247 million contract with National Grid to implement high-voltage underground cable works in Riyadh. The 20-month contract was awarded on October 2, 2023, and its financial impact is expected from Q1 2024 to Q4 2025.

- Type: Contract
- Announced: 2023-11-21
- Where: Riyadh, Saudi Arabia
- Value: $65.9M (247.0M SAR)
- Status: announced
- Products: high-voltage underground cables, gas-insulated switchgear substation extension, protection, telecommunication, substation automation
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [KEIR International](https://endata.com/companies/73022.md)
- [National Grid](https://endata.com/companies/389.md) (customer)

## Sources

- [argaam.com](https://www.argaam.com/en/article/articledetail/id/1686493?amp=), 2023-11-21: "KEIR International Co. signed, on Nov. 20, a contract with National Grid Co. valued at SAR 247 million, including 15% value-added tax (VAT), to implement high-voltage underground cable works at Riyadh."

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