# Toly Electric wins CNY 105M order for Saudi HVDC project electromagnetic wires

Wuxi Toly Electric Co., Ltd. (Toly Electric) has secured an order worth CNY 105 million to supply electromagnetic wires for all 40 converter transformers in the Saudi Arabia Western-Central and Southern-Central flexible HVDC project, with delivery expected through the first half of 2025.

- Type: Contract
- Announced: 2024-09-16
- Where: Riyadh, Jizan, Jeddah, Saudi Arabia
- Value: $14.6M (105.0M CNY)
- Status: announced
- Products: electromagnetic wires for converter transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [State Grid Corporation of China](https://endata.com/companies/4270.md) (customer)
- [Wuxi Toly Electric Co., Ltd.](https://endata.com/companies/79823.md) (supplier)

## Sources

- [toly.com.cn](http://www.toly.com.cn/newsclass_4/newsdetail_99.shtml), 2024-09-16: "统力电工独家斩获国网沙特柔直项目订单"

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