Siemens gets €65m order from Saudi Arabia

Siemens Energy has received an order worth €65 million (Dh321.73m) from Saudi Arabia to supply three turnkey static reactive-power compensation systems. Siemens will supply three static Var compensators for different high-voltage levels to Saudi Electric Company for stabilisation of the country's 60-Hertz power transmission network.

The parallel compensation systems will be deployed at three sites in the Hiteen, Qassim and Afif substations and are scheduled to be ready for operation between mid-2011 and early 2012.