Al-Babtain signs SAR 390M tower supply deal

Logo of Al-Babtain Power and Telecommunication Co.

Al-Babtain Power and Telecommunication Co. signed today, Feb. 17, a SAR 390 million contract with Larsen & Toubro Saudi Arabia LLC to supply electrical transmission towers for the 500-kV HVDC OHTL project connecting the Central and Southern Provinces (Phase II).

For more news and details on the projects

 

The financial impact of the 24-month agreement is expected to show in Q4 2025, the company said in a statement on Tadawul.

 

There are no related parties to the deal, the statement added.

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