Hyundai E&C receives power line deal worth $126 million

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Hyundai E&C receives power line deal worth $126 million

Hyundai Engineering & Construction announced on Monday it has received a $126 million order in Saudi Arabia to set up power transmission lines.

The affiliate of Hyundai Motor Group said it will build 249 kilometers (154 miles) of 380-kilovolt transmission line in the Saudi capital of Riyadh for Saudi Electricity. Korea’s second-largest builder will manage engineering, procurement and construction, and test operation of the project that is expected to be completed in 24 months.

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