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Wednesday, 28 March 2018

Elsewedy, EGEMAC, Xian signs c. EGP 1 bn in transmission projects

Elsewedy Electric subsidiary Egytech has signed an EGP 255 mn agreement with the Egyptian Electricity Holding Company (EEHC) to connect the New Imbaba transformer station to the one in Motamadiyah, the company said in a filing to the EGX (pdf). The 5km 220 kV connection project will be established on a turnkey basis, the company says. Meanwhile, the Egyptian Electricity Transmission Company signed yesterday a EGP 721 mn contract with an EGEMAC-XD EGEMAC-Xian consortium to develop a turnkey 500/220 kV gas insulated substation Naga Hammadi, Al Mal reports. The substation will take 12 months to develop.

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