📋 Tender Overview
Scope of Work:
Construction of Saudi Neom-Yanbu 525kV HVDC Transmission Line Construction Project.
Description:
The company has signed a contract for the Saudi Neom-Yanbu 525kV HVDC Transmission Line Construction Project, a project worth US$145 million (approximately 185 billion won), commissioned by the Saudi Electricity Company. The project involves expanding the power network by constructing a HVDC transmission line over a total distance of 605 km from Yanbu, a power production hub on the western coast of Saudi Arabia, to the new city of Neom.
Hyundai E&C will be handling the construction of 207 km of transmission lines and approximately 450 transmission towers, known as the Portion 1 project. The completion of the project is expected in July 2027. A HVDC transmission line is a technology that converts alternating current (AC) power produced at power plants into high voltage direct current for transmission to its destination.