Elsewedy Electric’s subsidiary, Elsewedy Electric for Trading & Distribution recently signed three new EPC contracts worth E£846 million ($54 million) with the Egyptian Electricity Transmission Company (EETC).
The deal included the construction of overhead transmission line (2X30 km) worth E£148 million on turnkey basis to connect Toshka 4 substation. The EPC contract will be implemented over 4-month period starting from the date of acceptance of the bid, according to the company filing to the Egyptian Exchange (EGX).
For more information, please see https://www.egypttoday.com/Article/3/94130/ELSEWEDY-ELECTRIC-s-subsidiary-signs-3-contracts-worth-54M-with
