EGEMAC to sign agreements for seven power transmission stations next week

EGEMAC is expected to sign new agreements with the Electricity Ministry next week after winning a tender to build seven new power transmission stations for a total EGP 650 mn, Al Borsa reports. EGEMAC also beat out the likes of Elsewedy and Madkour EPC for a tender for three other 22 KV power transmission stations that will cost around EGP 400 mn.