12/03/2013
National Grid Signs Contracts at Total Cost of 1.179 Billion Riyals
NationalGrid SA,owned bySaudi Electricity Company, signedfourcontractsforthepurchaseofpower transformers andtransferstationsover the next threeyearsatatotalcostof1.179billion Riyals,this deal is apartofthecompany'sprogramto strengthentheelectricsystemandtomeetthegrowingdemandfor electricity.