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Wednesday, 14 December 2022

Siemens bags another smart grid contract

INFRASTRUCTURE-

One step closer to the Egyptian-Greek subsea data cable: Telecom Egypt and Greek telecoms company Grid Telecom signed an agreement to lay a subsea data cable across the Mediterranean, according to a joint statement (pdf). The cable is part of a system that will connect Europe, Asia, and Africa and will “reinforce Egypt’s strategic position as an international telecommunications hub linking the East and West.” The two sides signed an initial agreement for the project over the summer.

Siemens has been awarded an EUR 40 mn contract to set up a smart grid system and supply 175k smart meters in Dakahlia, Damietta, and Kafr El Sheikh governorates, it said in a statement last week. The project is being funded by the Japanese International Cooperation Agency. Siemens was awarded (pdf) a similar contract in September that will see it equip two control centers and supply 300k smart meters in Alexandria Governorate.

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