Elsewedy Electric will complete in September a 185 km, 500 kV overhead power line to connect Benban 3, a transformer station in Benban’s solar park, to the grid through Naga Hamady in Upper Egypt, sources from the Electricity Ministry told the press. The transmission line, for which Elsewedy signed a EGP 1.7 bn agreement with the Egyptian Electricity Transmission Company, is now 88% complete.
More from Enterprise
FM Abdelatty pitches SCZone to Brazilian and Indian investors
Plus: CIB gears up to launch digital bank Yomo in…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Apis Partners has continued appetite for Egypt after closing its third fund at more than double its predecessor
Apis partner Hossam Abou Moussa singles out MNT-Halan as a…