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Al-Babtain Power and Telecommunications Company has signed a contract to manufacture and supply the metal structure components of the solar cell tracking system with Edematic for the Bainouna solar energy project in Jordan, of a total value $ 16.31 million (approximately R $ 61.15 million).
The company explained in a statement about Tadawul that the financial impact of this contract would be presented as of the third quarter of 2019, indicating that the contract term was 6 months from the date of signing.
The company noted that there were no related parties.
According to the data available "Numbers", Al Babtain recently signed a 260.7 million riyal contract for manufacturing and supplying CSPs for the Mohammed Bin Rashid solar complex – Phase 4 in Dubai.
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