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ABB wins USD 115 million order for Saudi rail network
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Saturday, 06 Oct 2012
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Swiss engineering group ABB has won an order worth around USD 115 million from Saudi Electricity Company to improve the reliability of the transmission grid that feeds major Saudi railway interconnections.

ABB said that this solution will help strengthen the transmission grid and enhance reliability of power supply to important rail links being developed in Saudi Arabia.

In a separate development, Saudi industrial Property Authority has agreed a USD 40 million deal with ABB for the construction of a new industrial facility in Dammam. The factory, the first of its kind in the region will be used to manufacture gas insulated switchgear and maintain electrical transformers.

Source - The Saudi Gazette

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