Mubasher TV
Contact Us Advertising   العربية

Gas Arabian Services Co. Announces Contract Sign Off with Saudi Power Procurement Company (Principal Buyer)

GAS 9528 8.03% 17.75 1.32
Element List Explanation
Introduction GAS Arabian Services Company announces Contract Sign Off with Saudi Power Procurement Company (Principal Buyer) for establishment of a Sales Gas Delivery System to Rumah IPP.
Date of Announcement of the Award 2025-05-14 Corresponding to 1446-11-16
Contract Subject Matter Establishment of a Sales Gas Delivery System to Rumah IPP.
The Entity with Which the Contract was Signed Saudi Power Procurement Company (Principal Buyer)
Date of Signing the Contract 2025-05-26 Corresponding to 1446-11-28
Contract Value SAR 326,316,320 excluding VAT.
Contract Details Design, Engineer, Procure, Supply, Deliver all equipment and materials, construct, install, test and commission to Rumah IPP.
Contract Duration 24 Months
Financial Impact and the Relevant Period The financial impact on the company's financial statements will appear during the years 2025 to 2027.
Related Parties None.

Comments