Al Yamama Metal indicators two contracts to produce towers for a venture with a complete worth of 207 million riyals

Al Yamama Steel signs two contracts to supply towers for a project with a total value of 207 million riyals

Al Yamamah Metal Industries Firm emblem


Firm introduced Al Yamama Metal Industries At present, it signed two contracts to produce metal towers with the Saudi Arabian firm Larsen & Toubro for the venture of establishing a 380 kV ultra-high voltage line within the central area, with a complete worth of 207.09 million riyals.


The corporate mentioned in a press release on Tadawul that the worth of the primary contract is 100.65 million riyals, whereas the worth of the second contract is 106.44 million riyals.


She added that the length of the 2 contracts is one yr, indicating that the provision of the 2 contracts will start in March 2026.


She anticipated that the monetary influence of the 2 contracts would start to look throughout the first quarter of 2026, indicating that there aren’t any associated events for each contracts.

Supply hyperlink

Share post:

Subscribe

banner image

Popular

More like this
Related

Alaamry International Capital annual shareholder letter 2025

As we replicate on 2025, it's exhausting to disregard...

Asian ambassadors in Riyadh condemn Iranian assaults, reward Saudi position in regional safety

RIYADH — Deputy Overseas Minister, Waleed El-Khereiji, held a...

Saudi air defenses destroy 31 drones throughout Riyadh and Japanese areas

RIYADH — Saudi Arabia’s Ministry of Protection introduced that...

Mud storms cut back visibility in Makkah and Jeddah as NCM points rain alerts throughout Kingdom

JEDDAH — The Nationwide Middle for Meteorology (NCM) warned...