Alfanar wins Saudi contract to develop HVDC converter station
Alfanar Projects has reached a strategic agreement with Saudi Authority for Industrial Cities and Technology Zones (Modon) to develop an HVDC converter station.
Image for illustration purposes.
Saudi Arabia, Riyadh: Alfanar Projects has reached a strategic agreement with Saudi Authority for Industrial Cities and Technology Zones (Modon) to develop an HVDC converter station.
The station is intended for Tabuk Industrial City, and the company said the collaboration signifies the its dedication to strengthening and enhancing the kingdom’s grid infrastructure and energy transition. The signing ceremony was attended by key representatives from Alfanar Projects, including Sabah Almutlaq, Managing Director of Alfanar Projects, Khalid AlSolami, Executive Vice President of Engineering Construction, and Sattam Al Motairi, Vice President of Sales, alongside Majed Al Argoubi, CEO of Modon.
This comes after the company’s project win last month from Saudi Electricity Company (SEC) as a consortium with GE Vernova for its Power Plant 10 (PP10) in Riyadh. The duo will help convert SEC’s power generation assets to natural gas.
Source: Trade Arabia
#Alfanar#Alfanar Projects#HVDC converter station#Saudi Arabia