Saudi Electricity Company (SEC) announces the bid results for the project, Construction of NIC Circle 380/132kV Substation. The Project location is in NEOM Saudi Arabia.
Eight bidders has submitted the proposals. Saudi based construction firm, Al Gihaz Contracting Company has submitted the lowest bid.
Al Gihaz submitted the price of SAR 515 million (USD 137.4 million).
Earlier, during June 2021, SEC issued the tender for Construction of NIC Circle 380/132kV Substation (read more)
Project scope of work includes construction of new indoor 380/132kV Gas Insulated Substation (GIS) named as NIC Circle BSP.
Major equipment includes, 380kV GIS, 132kV GIS, 502MVA Power Transformers, Reactors, Protection & Control System, Substation Automation System, Telecommunication System, Security System, Cyber Security, Civil works and Electro-mechanical works.
Project scope of works also includes expansion of Dhuba Green Substation.
The Contractor shall perform on Lump sum turnkey basis, the design, engineering, materials procurement, quality management, factory inspection/testing, transport and delivery to site, installation, construction, site inspection, testing and commissioning, all associated work and services until final handing over of substation work in a satisfactorily working and operating condition.
Project completion period is 28 months.
Read Also: AlGihaz submits lowest bid of $157.9m for NEOM Substation
