Next on the march to becoming a regional energy hub: Hiring a contractor for grid interconnectivity project with Sudan: Indian engineering firm Larsen & Toubro reportedly won last week’s tender to link the electricity grids of Sudan and Egypt, Al Mal reports. The contracts with the firm will be signed in September, at which time the value of the contracts will be disclosed, sources from the company said. Orascom Construction, Elsewedy Electric, and Sweden’s NCC had also bid on the project, which is scheduled to be completed by January 2019. The Egyptian Electricity Transmission Company said it will be self-financing its USD 60-70 mn project.

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