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September 23, 2023
Project carries a budget of 46.5 million Saudi Riyals with a scheduled completion timeframe of 3 years
September 11, 2023
HD Hyundai Electric, a leading Korean energy solutions company, has secured a major order to supply transformers, high-voltage circuit breakers and reactors in a package for a substation project within Saudi Arabia’s futuristic city NEOM.
July 25, 2022
The Gulf State will need extra funds for the project but may find that Western powers are reluctant to offer support until human rights issues are resolved.