CEPCO submits lowest bid of $68.1m for NEOM 132/33kV Substation

Saudi Electricity Company (SEC) received bidders proposals for the Construction of two 132/33kV Substation in NEOM, Saudi Arabia.

Fourteen bidders has submitted the proposals. Saudi based construction firm, CEPCO has submitted lowest bid.

CEPCO submitted the price of SAR 255.6 million (USD 68.1 million).

Project scope of works includes construction of two 132/33kV Substations, named as PSS A and PSS B in NEOM.

Major equipment includes, 132kV Gas Insulated Switchgear, 100MVA Power Transformers, 33kV Switchgear, Protection & Control System, Substation Automation System, Telecommunication System, Security System, Cyber Security, Civil works and Electro-mechanical works.

The Contractor shall perform on Lump sum turnkey basis, the design, engineering, materials procurement, quality management, factory inspection/testing, transport and delivery to site, installation, construction, site inspection, testing and commissioning, all associated work and services until final handing over of substation work in a satisfactorily working and operating condition.

Project completion period is 28 months.

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