Hyundai E&C wins $725 mn Saudi Arabia HVDC line order

Q: How long will it take to read this news story?

The story "Hyundai E&amp;C wins $725 mn Saudi Arabia HVDC line order" has 240 words across 16 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Hyundai E&amp;C wins $725 mn Saudi Arabia HVDC line order" was covered 1 days ago by Korea Economic Daily, a news publisher based in South Korea.

Q: How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news. The outlet is headquartered in South Korea and publishes an average of 17 news stories per day. It's most recent story was published 22 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23547103</li><li>URL: https://beamstart.com/news/hyundai-ec-wins-725-mn-17313969853383</li></ul>

Korea Economic Daily Logo Korea Economic Daily 1d ago

Hyundai E&C wins $725 mn Saudi Arabia HVDC line order - Korea Economic Daily

Quick Summary:

Under the contract Hyundai E&C signed with National Grid SA, a power transmission unit of Saudi Electricity Co, it is responsible for Portion 1 of the three-portion project to build a 369 km transmission line near Kudmi Substation by January 2027 on a turnkey basis, it said in a statement.

Hyundai Engineering & Construction Co.(Hyundai E&C) said on Tuesday it has bagged a $725 million order to build a power transmission line in Saudi Arabia, marking its largest-ever power distribution line contract secured from the Kingdom.

An HVDC transmission system is regarded as a next-generation electricity transmission technology, ideal for renewable energy such as solar and wind power.