The Electricity Ministry is in talks with the State Grid Corporation of China (SGCC) to construct a power transmission control center in the new administrative capital, sources from the Egyptian Electricity Holding Company (EEHC) said, Al Mal reports. The control center is expected to cost some EGP 1 bn, which the EEHC plans to finance through several loans it has already received this year. Talks over the project are in “advanced stages,” according to the sources, which expect the final contracts to be signed in the near future. Construction on the center will likely begin before the year is out.
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