Ewaan Global Residential Company has signed a $16.7m contract with ABB (NYSE: ABB) for the construction of a 110/13.8 kv substation in the Kingdom of Saudi Arabia.
Ewaan Global Residential said the move is aimed at generating power for its Alfareeda residential project being developed in the north of Jeddah.
The Alfareeda project consists of more than 2,000 residential units located on 1 million sq m of land.
The project will be fully equipped with an advanced infrastructure and service facilities including a state of the art telecommunications network, electricity lines, water supply, sewage system and rain bypass tanks.
'Given the Kingdom’s high temperatures for most of the year, reliability of power supply is of the utmost importance and we will draw on ABB’s long experience and in-depth expertise in the Saudi market to ensure maximum efficiency in delivery and performance,' stated Fahad Al Mutawae, CEO of Ewaan Global Residential Company.
ABB are set to exhibit at POWER-GEN Europe in Cologne, Germany from the 12th to the 14th of June.
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