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Al-Jouf Agricultural Board OKs SAR398 Million for Electricity Connection Project

MT Newswires·11/12/2026 01:52:48
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01:52 AM EST, 11/12/2026 (MT Newswires) -- Al-Jouf Agricultural Development's (SASE:6070) board approved 398.4 million Saudi riyals for liquid fuel displacement and electricity connection at its facilities in Busita Center, Saudi Arabia. The agricultural development company earmarked the funds for work related to internal electrical networks, external electrical interconnection cable lines, and engineering supervision and contract management services, according to a Thursday release. While Al-Jouf is still evaluating and negotiating the final phase of the project, it expects to begin implementation in the fourth quarter of 2026, with completion in 13 months.