Elsewedy Electric subsidiary signs contract for 356 km-long transmission lines

Elsewedy Electric’s subsidiary Elsewedy Electric for Trading & Distribution has signed an EPC contract with the Egyptian Electricity Transmission Company (EETC) for two 500 kV electricity transmission lines in Upper Egypt with a total length of 356 km. The contract consists of an EGP 2.02 bn tranche and another one for USD 69.1 mn. The first transition line is 180 km in length and connects East Assiut with Akhmim. The second is 176 km long and connects the East Canal with Akhmim.