Siemens Energy Gets Five-Year Service Contract With Kuwait Government
November 25 2020 - 3:53AM
Dow Jones News
By Cecilia Butini
Siemens Energy AG said Wednesday that it has been awarded a
five-year service contract by Kuwait's ministry for electricity and
water.
The contract is to provide maintenance to 116 high-voltage
substations, which are used to transmit and distribute electricity,
the German energy company said.
As part of the agreement, Siemens Energy will cover preventive
maintenance and emergency repair of the substations, which will
provide power to residential and commercial areas, it said.
No financial details of the contract were disclosed.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
November 25, 2020 03:38 ET (08:38 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Siemens Energy (TG:ENR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Siemens Energy (TG:ENR)
Historical Stock Chart
From Apr 2023 to Apr 2024