Dalipal Holdings Secures Saudi Initial Industrial License for Energy Project

Reuters
Jan 02
Dalipal Holdings Secures Saudi Initial Industrial License for Energy Project

Dalipal Holdings Ltd. announced that its wholly-owned subsidiary, Dalipal International for Industry, has received the Initial Industrial License from the Ministry of Industry and Mineral Resources (MIMR) of Saudi Arabia. This license is a key regulatory approval that allows the company to proceed with the construction of its energy equipment manufacturing project in Saudi Arabia, in line with the country's Vision 2030 development strategy. Additionally, the Saudi Arabian Ministry of Energy has approved a power allocation of 60 megawatts for the project, a requirement for enterprises with electricity consumption exceeding 25 megawatts. This regulatory progress enables Dalipal Holdings to advance with project engineering and construction activities in the region. No other beneficiary organizations were mentioned.

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