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Korean Firm Hyundai E&C Secures Contract for Saudi HVDC Power Transmission Line

Hyundai Engineering & Construction (Hyundai E&C) has secured a contract to construct a high voltage direct current (HVDC) transmission line in Saudi Arabia.   According to Hyundai E&C on Aug. 1, the company has signed a contract for the “Saudi NEOM-Yanbu 525kV HVDC Transmission Line Construction Project,” a project worth US$145 million (approximately 185 billion won), commissioned by the Saudi Electricity Company.

The project involves expanding the power network by constructing a HVDC transmission line over a total distance of 605 km from Yanbu, a power production hub on the western coast of Saudi Arabia, to the new city of NEOM. Hyundai E&C will be handling the construction of 207 km of transmission lines and approximately 450 transmission towers, known as the Portion 1 project. The completion of the project is expected in July 2027.

Read the full story at Business Korea

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