Bahra Cables signs $38.9mn contract with HHI
Company to supply low and medium voltage cables to Jeddah plant
Bahra Cables Co. has signed a contract for $38.9mn (SAR 127mn) with Hyundai Heavy Industries (HHI) to supply low and medium voltage cables to the Jeddah South Thermal Power Plant stage-1(JSTPP).
JSTPP is a $3.2bn project (SAR 127bn) owned by Saudi Electricity Company which will generate 2400 to 2800 megawatts (MW) of electricity, enough for two million people.
Commenting on the award, Talal Idriss, CEO of Bahra Cables Co., said: “Bahra Cables daily adds more clients to its network of clients of large local, regional and international companies that trust our products of cables which meet all requirements and highest international standards.”
“Jeddah South Thermal Power Plant will add 2400-2800 MW of electricity for domestic and industrial use, and will reduce loads on the existing power plants, and ensures a constant flow of electric current, which, in return, improves lives of millions of people, a goal that our government is very keen to pursue."
The Bahra Cables deal comes a few days after the signing of two MoUs with two French companies, AREVA and EDF, where both companies will implement projects in the King Abdullah City for Atomic and Renewable Energy (K.A.CARE) nuclear power programme.