Saudi steel company Al Yamamah Steel Industries Company announced the signing of a contract worth 106.44 million riyals ($28.38 million) with infrastructure development services provider Larsen & Toubro Saudi Arabia LLC for the supply of steel towers for construction 380 kV transmission lines in the Central Region of Saudi Arabia.
Details and duration of the contract
Under the terms of the contract, Al Yamamah Steel will manufacture and supply steel towers supporting the high voltage infrastructure transfers. The contract period is for one year, with deliveries scheduled to begin in March 2026.
Financial Impact
The company said that the financial impact of the project will begin to be realized in the first quarter of 2026, which corresponds to the beginning supplies.
