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Equipment Holding affiliate wins $3.3m tender

Equipment Holding affiliate wins $3.3m tender
Photo Credit: Arabianeye-Reuters
EQUIPMENT
EQUIPMENT`R
400.64% 389.00 311.30

A 99% subsidiary of Equipment Holding Company has won a tender presented by the Kuwaiti Ministry of Electricity and Water.

 

The tender is worth KWD 980 thousand (about $3.3 million), with a duration of 36 months.

 

Equipment Holding clarified that the financial impact would be 8%, in case the agreement is finalized.