HD Hyundai Electric wins KRW 94.3 billion power equipment order in Saudi Arabia

HD Hyundai Electric signed a contract worth 94.3 billion won (approx. $72 million) with a Saudi EPC firm to supply transformers, high-voltage circuit breakers, and reactors for the Diriyah Gate new city development project. Delivery is scheduled by December 2024.

“HD현대일렉트릭은 최근 사우디 소재 EPC(설계·조달·시공) 전문기업과 총 943억 원 규모의 변압기와 고압차단기, 리액터 등 전력기기에 대한 공급 계약을 체결했다.”consumuch.com

• 3 sources
• consumuch.comHD현대일렉트릭, 사우디서 943억 수주 "독립법인 창설 이래 최대" < 건설/중공업 < 최신기사 < 기사본문 - 컨슈머치정주희 기자Nov 24, 2023
• kedglobal.comHD Hyundai wins $72 mn power equipment order in Saudi - KED GlobalHyung-Kyu KimNov 24, 2023
• transformer-technology.comHD Hyundai Electric, Saudi Arabia, Diriyah Gate project, power transformers, energy infrastructure, Neom City, Middle East development.Nov 27, 2023

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