East Pipes Integrated Company for Industry, Saudi Arabia announced in a statement that it has awarded a new Contract from Saline Water Conversion Corporation (SWCC).
The value of the contract is over SAR 1 billion (USD 266.7 million).
As per the contract, the Company will Manufacture and supply of steel pipes to SWCC. The duration of the contract is 30months.
The financial impact of the contract will be reflected in 1st Quarter of financial year 2024/2025, till 2nd Quarter of financial year 2026/2027, statement mentioned.
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