Al Yamamah Steel Industries Co. has signed a contract with Saudi EPC firm Trading & Development Partnership Company (TDP) to supply steel towers, the company announced in a filing to the stock exchange.
The towers will be used for the construction of a 380 kV ultra-high-voltage transmission line in the western region.
Valued at SAR 167.64 mln (USD 44.65 mln), the contract has a duration of one year.
Supply is scheduled to begin in August 2025, with the financial impact expected to be reflected in the fourth quarter of 2025.
1 USD / 3.75 SAR
