Al-Babtain Power and Telecommunication Co. has signed a SAR 390 mln (USD 104 mln) contract with Larsen & Toubro (L&T) Saudi Arabia to supply steel towers for overhead transmission lines, according to a stock exchange filing.
The towers will be used in the construction of a new 500kV line-commutated converter high-voltage direct current (HVDC) overhead transmission line for the central-south interconnection link (Portion II).
The contract spans 24 months and is expected to have a positive impact on the company’s financial performance in Q4 2025, the statement added.
Founded in 1955, Al-Babtain is a leading player in outdoor lighting, transmission and distribution, telecommunications, and renewable energy. Al-Babtain operates a high-voltage transmission and communication towers plant, a steel structure plant, a tower testing station, and four galvanizing plants in Saudi Arabia, as well as similar facilities in Egypt to serve the Middle Eastern communication sector. The company’s production capacity for towers is 170,000 tons annually in Saudi Arabia and 50,000 tons annually in Egypt.
1 USD / 3.75 SAR
