Egyptian electrical company Elsewedy Electric Co S.A.E has recently announced that its subsidiary Elsewedy Electric for Trading and Distribution has signed two new contracts worth EGP1.1 billion with the state-owned utility, Egyptian Electricity Transmission Company (EETC).
The first contract is valued at EGP533.30 million and entails the construction of the 220/66/22 kV El Khamael gas-insulated switchgear (GIS) substation with a capacity of 725 MVA (3×175+5×40). The second contract, valued at EGP566.80 million, entails the development of a transformer station in the Al-Hammam area in Marsa Matrouh’s governorate on a turnkey basis. The two projects are set to be carried out within the next 12 months from the date of their signing.