Hyundai Electric inks a deal to supply 24 power transformers to Saudi Arabia
SEOUL, SOUTH KOREA - South Korean electric systems manufacturer Hyundai Electric & Energy Systems Co. has won an order to supply power transformers for the Hawiyah Gas Plant Expansion Project in Saudi Arabia.
Under the agreement that was signed with Saudi Arabia's state-run company Saudi Aramco, Hyundai Electric will provide 24 units of 230-kV power transformers to the project aimed at expanding gas processing facilities in Hawiyah located in the south-east of the Arabian Peninsula by July 2021.
The deal is worth $24 million.
Source: Pulse News
