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ELSEWEDY ELECTRIC's subsidiary signs LE475M contract to electrify East Owainat

Thu, May. 21, 2020
CAIRO – 21 May 2020: ELSEWEDY ELECTRIC announced Tuesday that its subsidiary, ELSEWEDY ELECTRIC for Trading & Distribution has signed a new contract to build electrical network to electrify a 50,000 feddans in East Owainat with a value of LE 475 million on turnkey basis

The company clarified that the contract will be implemented over an eight- month period.

“The EPC contract will be implemented over a 6-month period,” it added.

Earlier in May, ELSEWEDY ELECTRIC for Trading & Distribution has signed a new agreement with the Egyptian Electricity Transmission Company (EETC) with a value of LE 119.8 million on a turnkey basis.

It clarified that ELSEWEDY ELECTRIC for Trading & Distribution is a pioneer company in the execution of high voltage transmission lines for more than 1000 km with both (220 KV & 500 KV) and substations (220 KV & 500 KV) within Egypt and Africa.

Elsewedy Electric operates within the capital goods sector focusing on electrical components and equipment. It has subsidiaries operating across Northern Africa, Eastern Africa, Middle East and Southern Europe.

ELSEWEDY ELECTRIC signs LE 119.8M agreement with EETC

CAIRO - 11 May 2020: ELSEWEDY ELECTRIC announced Tuesday that its subsidiary, ELSEWEDY ELECTRIC for Trading & Distribution has signed a new agreement with the Egyptian Electricity Transmission Company (EETC) with a value of LE 119.8 million on a turnkey basis.



 
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