PROJECTS: SEC expected to award 380kV substation in Q4

Project is located in Saudi Arabia’s northern region

  
Image used for illustrative purpose. Workers inspect equipment at an electrical substation in Heihe, Heilongjiang province, China July 19, 2019. REUTERS/Stringer

Image used for illustrative purpose. Workers inspect equipment at an electrical substation in Heihe, Heilongjiang province, China July 19, 2019. REUTERS/Stringer

Saudi Electricity Company (SEC) is expected to award the engineering, procurement and construction (EPC) contract for its Al Buhairah Substation project in Tabuk City, Northern region in the fourth quarter of 2020, a source close to the project said.

"The main contract tender was issued on 6 July 2020 with bid submission deadline of 24 August 2020. The EPC contract award is expected by early December 2020," the source told Zawya Projects, adding that the project completion is scheduled for second quarter 2023.

The source estimated the project cost at around $80 million.

The bidders for the EPC work comprised of Siemens, Saudi Services for Electro Mechanic Works, National Contracting Company, Al Gihaz Holding, Mohammed Al Ojaimi Group, Al Babtain Contracting, Trading & Development Partnership, Hyundai E&C, Larsen & Toubro, Alfanar, Nesma Electric, Tareg Al Jaafari Contracting Est, Al Toukhi Company, Al Mashariq Company, officials from six companies confirmed with Zawya Projects.

The source said Al Mashariq submitted lowest bid at $68.5 million.

The scope of work involves the construction of 380/132/13.8 kV GIS substation, 502MVA power transformer, protection and substation automation system, 120MVA reactor, telecommunication system, civil works and associated work.

(Reporting by Senthil Palanisamy; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2020