The Egyptian Electricity Transmission Company (EETC) is planning to issue a global tender for three 500 kV gas-insulated transformer stations in Minya, Marsa Matrouh, and Alexandria before the end of April, an EETC source tells Al Mal. The stations will be funded through loans from Arab development funds, the source said, without disclosing the expected investment values.
More from Enterprise
Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…