The Egyptian Electricity Transmission Company (EETC) has signed a contract with an Al Kharafi-Taikai-NHVS consortium to construct a substation in East Damietta at a cost of EGP 440 mn, EETC head Sabah Mashaly said. The project will be financed partly through international financiers and partly by the EETC, and will take up to 12 months to complete.

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