Hyundai Engineering & Construction announced on the 17th that it has secured two transmission line construction projects in Saudi Arabia worth $389 million (approximately 512.5 billion KRW). These projects are 380kV transmission line construction projects linked to solar power plants commissioned by the Saudi Electricity Company, to be built in the Medina and Jeddah regions.
The projects involve constructing a 311km transmission line connecting a solar power plant in Humaidah, located in the western inland, to a substation near Medina, and a 180km transmission line connecting a solar power plant in Qulays on the western coast to an existing power line near Mecca. Both projects aim for completion by November 2027.
The contractors for these projects were selected through a competitive bidding process among a few companies invited by the client. Hyundai Engineering & Construction has built trust by carrying out 40 local transmission line construction projects over the past 50 years. The company emphasized that it demonstrated its project capabilities by winning this project as a turnkey contract through a design-build lump-sum bid.
Hyundai Engineering & Construction's 380kV transmission line construction project in Riyadh, Saudi Arabia. Provided by Hyundai Engineering & Construction
Hyundai Engineering & Construction was the first in Saudi Arabia to build numerous 380kV transmission line projects, including 500kV ultra-high voltage direct current (UHVDC) transmission lines and 400MW-class double-circuit transmission lines. It also executed the largest single ultra-high voltage substation project in Saudi Arabia. The Saudi government is making various efforts to reduce its dependence on oil and diversify its economy, and as it increases the share of renewable energy generation, the industry expects that power grid construction projects will continue to be commissioned steadily.
A company official stated, "Connecting power grids in line with the expansion of renewable energy is key to restructuring the Saudi energy market. We will complete this project on time and solidify our position in the field of renewable energy-linked power grid construction."
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