# Pearl Electric wins NEOM-OXAGON project contract in Saudi Arabia

Pearl Electric secured the OXAGON project contract in Saudi Arabia's NEOM smart city, valued at nearly 30 million RMB. The contract involves supplying power transformers for the industrial hub, following successful participation in the NEOM Green Hydrogen Project.

- Type: Contract
- Announced: 2024-07-11
- Where: NEOM, Saudi Arabia, Saudi Arabia
- Value: $4.10M (30.0M CNY)
- Status: announced
- Products: power transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Pearl Electric](https://endata.com/companies/41237.md)

## Sources

- [pearltransformer.com](https://www.pearltransformer.com/pearl-electric-wins-neom-oxagon-project-bid-in-saudi-arabia-future-city.html), 2024-07-11: "Pearl Electric marks another breakthrough in the Middle East market."

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