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Saudi-based Arabian Electrical Transmission Line Contracting (Aetcon) has been awarded a $155 million contract to build a high-voltage direct current (HVDC) transmission line in the kingdom's futuristic city NEOM. It is expected to be completed in 2027.
Hyundai Engineering & Construction has secured a $145 million contract from Saudi Electricity Company to build a HVDC transmission line running 605 km - from Yanbu, a power production hub on the kingdom's western coast to the Saudi futuristic city NEOM.
Hyundai Engineering & Construction (Hyundai E&C) has secured a