Aetcon lands $155mln NEOM power transmission line deal

Reuters Images/Hamad I Mohammed

The $155 million contract, a part of the 'Saudi Neom-Yanbu 525kV HVDC Transmission Line Construction Project,' was awarded by the Saudi Electricity Company

Staff Writer, TradeArabia

August 7, 2023

PHOTO

Saudi-based Arabian Electrical Transmission Line Contracting (Aetcon) has secured a contract to build a high-voltage direct current (HVDC) transmission line within the kingdom's futuristic city NEOM.

The $155 million contract, a part of the 'Saudi Neom-Yanbu 525kV HVDC Transmission Line Construction Project,' was awarded by the Saudi Electricity Company.

The scope of work includes expansion of the power network by constructing a HVDC transmission line over a total distance of 605 km from Yanbu, a power production hub on the western coast of Saudi Arabia, to the new city of NEOM.

The completion of the project is expected in July 2027.

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