# Saudi Power Transformers wins $75M transformer supply deal for Aramco's Jafurah project

Saudi Power Transformers Co., a subsidiary of Electrical Industries Co (EIC), signed a SAR 281 million ($75 million) contract with Hyundai E&C to supply power transformers for Aramco's Jafurah Gas Plant Expansion Project. The contract duration is 15 months.

- Type: Contract
- Announced: 2024-08-18
- Where: Jafurah, Saudi Arabia, Saudi Arabia
- Value: $75.0M
- Status: announced
- Products: power transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Electrical Industries](https://endata.com/companies/12225.md)
- [Saudi Power Transformers Company](https://endata.com/companies/71415.md)
- [Saudi Aramco](https://endata.com/companies/304.md) (customer)
- [Hyundai Engineering & Construction](https://endata.com/companies/17889.md) (customer)

## Sources

- [zawya.com](https://www.zawya.com/en/projects/utilities/eic-says-subsidiary-lands-75mln-transformer-supply-deal-for-aramcos-jafurah-project-448171), 2024-08-18: "The Saudi-listed Electrical Industries Co (EIC) announced that its subsidiary, Saudi Power Transformers Co., has signed a 281,133,750 Saudi riyals ($75 million) contract with the local branch of South Korea's Hyundai Engineering and Construction (Hyundai E&C) for the supply of transformers."

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