HD Hyundai Electric Wins Power Equipment Order Worth 82.2 Billion KRW in Saudi Arabia

HD Hyundai Electric's high-voltage circuit breaker. Photo by HD Hyundai Electric

HD Hyundai Electric recently announced on the 8th that it has signed a power equipment supply contract worth 82.2 billion KRW with the Saudi Electricity Company (SEC). The products ordered this time are 380kV high-voltage circuit breakers and reactors.

HD Hyundai Electric plans to supply these devices to four new substations that SEC is building in the eastern and central regions of Saudi Arabia by September 2025.

The Saudi government is expanding the country's total power generation capacity to 120GW by 2030 through its national power initiative 'Vision 2030' and renewable energy programs, while carrying out large-scale infrastructure investments such as urban development.

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