Japanese Consortium Wins Yanbu' Transformer Contract
A Japanese joint venture between Nichimen Corp. and Hitachi Ltd. has been awarded a$78mn (10bn) contract by the Yanbu' Petrochemical Company (Yanpet) to build atransformer substation in Yanbu' on the Red Sea coast. The transformer will be capable ofhanding 380 kilovolts. This is the third contract of this type won by the Nichimen-Hitachiconsortium in Saudi Arabia. The substation is due for completion...