Isolux Corsán Awarded its First Contract in Saudi Arabia
MADRID, December 22, 2014 /PRNewswire/ --
- The Project has a Budget of 40 million and a completion period of 27 months.
- The Company will also modify the existing substation Al-Uqair in addition to the design, testing and commissioning of two new substations.
- This is the first contract awarded to Isolux in Saudi Arabia.
Isolux Corsán has been awarded the construction of two 115 kV substations in the city of Al Hassa, Saudi Arabia.
The project, awarded by National Grid SA, has a budget of $ 40 million, an execution period of 27 months and involves the construction of two substations in addition to the modification of the existing substation Al-Uqair.
These works involve the design, material supply, testing and commissioning of two substations, as well as the modified substation. In addition, the company will provide equipment for the automation system.
This is the first contract awarded to Isolux Corsán in Saudi Arabia, one of the countries with the highest energy production capacity of the world.
Strengthening presence in the Persian Gulf
With this project, Isolux Corsán continues to strengthen its presence in one of the regions with the greatest potential in the construction of infrastructure and energy generation, such as the Persian Gulf.
The company is currently carrying out the works to expand and improve the Bidbid South Freeway in Oman, for a total value of 174 million euros. This project involves the widening from two to four lanes of the freeway, as well as improving a section of 56 kilometers.
Additionally, the company is building 172 kilometers of 300kV transmission lines in Kuwait, amounting to 80 million euros. The project, the first for the company in this country, is developed in the form of turnkey and has been commissioned by the Ministry of Electricity and Water of Kuwait.
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