Elsewedy, EETC sign EGP 327 mn agreement for Marsa Alam power lines

Elsewedy Electric for Trading & Distribution has signed a EGP 327 mn agreement with the Egyptian Electricity Transmission Company (EETC) to construct two power lines in Marsa Alam, the company said in a bourse filing (pdf). The company will install two 50-km transmission lines running from Quseer to Berenice through Marsa Alam over the next six months.