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Tuesday, 13 December 2016

EGEMAC to sign EGP 250 mn agreement to build transmission station in Borg El Arab

The Egyptian German Electrical Manufacturing Company (EGEMAC) will sign a EGP 250 mn agreement with the Egyptian Electricity Transmission Company (EETC) to build a power transmission station in Borg El Arab, Al Borsa reported. The project will be complete within 10-12 months, according to company head Medhat Ramadan, who said that EGEMAC is also building a EGP 140 mn transmission station in October Gardens, as well as two others in Tanta and Sharqeya for a total EGP 160 mn. EGEMAC’s JV with China’s XD, XDEGEMAC, will also be launching four electrical power transmission stations in Benban in Aswan by February, which will connect feed-in tariff solar power plants there to the grid, according to Al Borsa.

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