Saudi Arabia’s YORK inks MoU with Electromin to boost economic ties

By Shilpa Annie Joseph, Official Reporter
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Saudi Arabia
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Saudi Arabia’s Al Salem Johnson Controls (YORK) has signed a Memorandum of Understanding (MoU) with Electromin, a brand owned by Petromin, to develop their economic cooperation through energy supply and generation services.

According to the statement, the MoU also includes preventive maintenance of all Electromin branches and facilities.

The MoU intends to strengthen joint economic cooperation between Al Salem Johnson Controls (YORK) and Electromin. “It also aims to explore the ways to enter into a commercial relationship inside and outside the Kingdom of Saudi Arabia,” the company said.

Al Salem Johnson Controls (YORK) is a leading provider of integrated solutions in HVAC-R, fire, safety, and security systems, building management systems, and controls.

Mohanad AlShaikh
Mohanad AlShaikh
CEO – YORK

“The cooperation with Electromin will provide energy audit services to Electromin and some of its affiliates’ facilities, such as Petromin Nissan Express, Diesel Express, Petromin Auto care, gas stations, office facilities, and other industrial and commercial facilities of Petromin. Al Salem Johnson Controls (YORK) would undertake audits and offer services to help Electromin save energy and increase the efficiency and safety of its facilities, in addition to proposing solutions to enable savings and potential reductions in the environmental footprint.”

Mr. Kalyana Sivagananam, CEO of Petromin said that “the MoU incorporates Al Salem Johnson Controls (YORK) implementing alternative energy projects according to the BOO model (build, own and operate), provided that Electromin buys energy from it in accordance with the power purchase agreements.”

Mr. Sivagananam further pointed out that under the MoU, Al Salem Johnson Controls (YORK) will offer the best energy equipment and monitoring services for Electromin facilities.

Related: Saudi Arabia’s King Abdullah Port, YORK unite to improve marine sector


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