Jan. 29 (Bloomberg) -- Saudi Electricity Co. awarded a contract valued at 450 million riyals ($120 million) to an unidentified local company to supply and install two power generating units and transformers in Al Qaryat province.
The 120-megawatt units will enter service next year, the kingdom’s largest utility said in an e-mailed statement.
--Editor: Shaji Mathew
To contact the reporter on this story: Mourad Haroutunian in Riyadh at email@example.com
To contact the editor responsible for this story: Shaji Mathew at firstname.lastname@example.org