Elsewedy Electric lands EGP 3.6 bn power lines contract for Dabaa nuke plant? The Egyptian Electricity Holding Company (EEHC) has contracted Elsewedy Electric to build power transmission lines worth EGP 3.6 bn to connect the Dabaa nuclear power plant to the national electricity grid, an unnamed EEHC source tells Al Borsa. The news comes as the Electricity Ministry is reportedly operating from a list of 10 Egyptian companies — including Elsewedy Electric — it will recommend for some of the USD 4 bn contracts up for grabs for the USD 30 bn plant.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…