November 12, 2020

Elsewedy Electric unit wins $54m Egypt contracts


Elsewedy Electric, a leading wires and cables and integrated energy solution provider in the Middle East and Africa region, said one of its subsidiaries has signed three new EPC contracts worth E£846 million ($54 million) with the Egyptian Electricity Transmission Company (EETC).

The deal inked by Elsewedy Electric for Trading & Distribution include:

*Construction of overhead transmission line (2X30 km) worth E£148 million on turnkey basis to connect Toshka 4 substation. The EPC contract will be implemented over 4-month period starting from the date of acceptance of the bid.

*Construction of Toshka Substation with a value of E£410 million on turnkey basis. The EPC contract will be implemented over 10-month period starting from the date of acceptance of the bid.

*Construction of West Portsaid Substation with a value of E£288 million on turnkey basis. The EPC contract will be implemented over 12-month period starting from the signing date.

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.

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