Al Yamamah signs SAR254m of 380kV tower contracts
- Client
- Algihaz Contracting
- Winning contractor
- Al Yamamah Steel Industries
- Contract value
- About SAR254.3m (US$67.8m), two contracts
- Award date
- 5 Oct 2026
Contract scope
Al Yamamah Steel Industries has signed two one-year contracts with Algihaz Contracting worth about SAR254.3m (US$67.8m) to supply steel towers for 380kV transmission lines in western Saudi Arabia.
Reporting and evidence
Fields reflect the linked reporting below. Publication, announcement and signing dates are not treated as award dates.
Evidence for these fields
Extracts from this article. Original source links remain in the full story.
- Client: Al Yamamah Steel Industries has signed two one-year contracts with Algihaz Contracting worth about SAR254.3m (US$67.8m) to supply steel towers for 380kV transmission lines in western Saudi Arabia.
- Winning contractor: Al Yamamah Steel Industries has signed two one-year contracts with Algihaz Contracting worth about SAR254.3m (US$67.8m) to supply steel towers for 380kV transmission lines in western Saudi Arabia.
- Contract value: Al Yamamah Steel Industries has signed two one-year contracts with Algihaz Contracting worth about SAR254.3m (US$67.8m) to supply steel towers for 380kV transmission lines in western Saudi Arabia.
- Award date: The separate contracts are valued at SAR135.65m and SAR118.63m. Al Yamamah said both awards and contract signings were completed on 5 October 2026.
Full story and sources
Al Yamamah Steel Industries has signed two one-year contracts with Algihaz Contracting worth about SAR254.3m (US$67.8m) to supply steel towers for 380kV transmission lines in western Saudi Arabia.
The separate contracts are valued at SAR135.65m and SAR118.63m. Al Yamamah said both awards and contract signings were completed on 5 October 2026.
Supply is scheduled to begin in March 2027, with the financial impact expected to start in the first quarter of 2027.
The underlying projects involve 380kV ultra-high-voltage transmission lines in the Western Region. The project owner, exact line locations, tower quantities and tender references were not disclosed in the public announcements.
Al Yamamah said there are no related parties to either transaction.
The contracts move a material package of transmission-tower procurement into execution, with deliveries scheduled over the following year.
Sources: Saudi Exchange filings via Argaam; Saudi Gulf Projects