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FINANCIAL NEWS
ABB wins $108m contract in Saudi Arabia
01 May 2010
(MENAFN) ABB, the leading power and automation technology group, announced that it has won an order worth $108 million from the Saudi Electricity Company, to build six new substations.
Four of the substations, rated at 115/13.8 kV (kilovolt), will be located in Saudi Arabia�s eastern region, in Dammam and Al-Hassa. The other two substations, rated at 110/13.8 kV, will be built in the country�s western region, in Jeddah and Mecca.
As part of the turnkey contract, ABB will be responsible for the design, supply, installation and commissioning of the substations, which are scheduled for completion by 2012.
Under the terms of the contract, ABB will provide gas-insulated switchgear, transformers, medium-voltage switchgear, low-voltage auxiliary systems and the network protection systems.
ABB will also equip the substations with automation, control and communication solutions making them fully compliant with the global IEC 61850 standard.
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