Elsewedy Electric

Elsewedy Electric records profits of LE 3.02B in 2020

Wed, 24 Feb 2021 - 12:14 GMT

As for standalone results, the company recorded profits of LE 2.29 billion during 2020, compared to LE 2.41 billion during 2019.

Elsewedy Electric’s subsidiary signs KWD16.1M contract with Kuwait's Ministry of Electricity

Wed, 17 Feb 2021 - 03:58 GMT

The project will power the island of Boubyan and Mubarak Al Kabeer Port, currently being constructed by the Ministry of Public Works.

Elsewedy Electric’s subsidiary signs LE711M contract to complete infrastructure works in south valley project

Tue, 16 Feb 2021 - 10:49 GMT

“The scope of ElSewedy Electric for Trading & Distributing in the project includes -electrical, mechanical work, road words and water networks on turnkey basis,” the company clarified.

Elsewedy Electric’s subsidiary signs LE126M contract with Alexandria Petroleum Maintenance

Wed, 10 Feb 2021 - 01:09 GMT

The company clarified that the contract is to execute the sewage treatment plant Njih with the capacity of 6000m/3day in Al Sharqia governorate in Egypt.

Elsewedy Electric’s subsidiary signs $1.46B contract with Star-light Company

Tue, 02 Feb 2021 - 12:56 GMT

The contract is for the construction of Kattameya Creeks compound in New Cairo area in Egypt.

Elsewedy Electric’s subsidiary signs $90M contract with Egypt for smart high way information traffic system

Mon, 16 Nov 2020 - 08:26 GMT

The execution duration is 18 months for ITS for-highway roads in Egypt including Traffic Management System (TMS) and toll collection system (TCS) in addition to the main control rooms in the ACUD, phase one includes six highway roads with total 1079 km.

ELSEWEDY ELECTRIC's subsidiary signs 3 contracts worth $54M with EETC

Wed, 11 Nov 2020 - 03:34 GMT

The deal included the construction of overhead transmission line (2X30 km) worth E£148 million on turnkey basis to connect Toshka 4 substation.

ELSEWEDY ELECTRIC's subsidiary signs LE355.5M contract to build electricity substation

Wed, 02 Sep 2020 - 02:13 GMT

The company clarified that the contract is to build the substation at Sadat City, Northwest of Cairo, will be implemented over a 14-month period.

Elsewedy Electric records profit of LE 1.02B in 6 months

Sun, 23 Aug 2020 - 10:14 GMT

Moreover, the company’s standalone profits recorded LE 2.15 billion during the period of 2020, compared to LE 2.08 billion during the same months of 2019.

ELSEWEDY ELECTRIC's subsidiary signs $38.6M contract in Congo

Sun, 09 Aug 2020 - 02:22 GMT

ELSEWEDY ELECTRIC for Transmission & Distribution of Energy signed a contract with the “SOCIETE NATIONALE D ELECTRICITE” (SNEL) on August 6, in Congo.

ELSEWEDY ELECTRIC's subsidiary signs LE423.3M contract with Al-Mostakbal Urban Development

Wed, 17 Jun 2020 - 02:50 GMT

The company clarified in a statement that the contract aims at the construction of the electricity and telecommunications infrastructure for phase three on turnkey basis.

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

Thu, 21 May 2020 - 12:39 GMT

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

ELSEWEDY ELECTRIC signs LE 119.8M agreement with EETC

Tue, 12 May 2020 - 03:31 GMT

The company clarified that the agreement is for Suez Gulf area S4 500KV overhead transmission lines with a total length of 20 km.

ElSewedy Electric’s subsidiary signs $36.7M contract in Madagascar

Thu, 26 Dec 2019 - 09:42 GMT

“The supply contract will be implemented over 3 years commencing from the contract's signing date,” the company said.

Elsewedy Electric's subsidiary signs LE327M agreement with EETC

Thu, 29 Aug 2019 - 12:44 GMT

ElSewedy Electric for Trading & Distributing, Elsewedy Electric, Agreement, Egyptian Electricity Transmission Company, EETC,

Elsewedy Electric, Toyota Tsusho sign 50MW power plant agreement in Zambia

Wed, 28 Aug 2019 - 12:22 GMT

The agreement between the two companies includes a system for storing energy in batteries, in the cities of Sesheke and Mungo in the Republic of Zambia.

Elsewedy Electric records profits of LE 1.95B in 6 months

Mon, 26 Aug 2019 - 04:35 GMT

As per standalone results, the company recorded profits of LE 2.08 billion, compared to LE 1.02 billion during the same half of 2018.

Elsewedy Electric reaches commercial operations for solar PV plants in Aswan

Mon, 19 Aug 2019 - 03:22 GMT

The European Bank for Reconstruction and Development (EBRD) and France’s Proparco equally financed the two solar plants with an amount of $111 million.

ElSewedy Electric to acquire 4 companies in Greece for €55M

Sun, 16 Jun 2019 - 12:10 GMT

The company elaborated in a statement that the companies are three wind and one hydro-electric energy companies.

EETC, Elsewedy sign contract for establishing power transmission line of Benban

Thu, 04 Apr 2019 - 09:21 GMT

The 195-kilometer-long line will be set up within six months, the ministry said, noting that the company has secured the needed funds for the line's establishment.