Elsewedy Electric lands EGP 3.6 bn power lines contract for Dabaa nuke plant? The Egyptian Electricity Holding Company (EEHC) has contracted Elsewedy Electric to build power transmission lines worth EGP 3.6 bn to connect the Dabaa nuclear power plant to the national electricity grid, an unnamed EEHC source tells Al Borsa. The news comes as the Electricity Ministry is reportedly operating from a list of 10 Egyptian companies — including Elsewedy Electric — it will recommend for some of the USD 4 bn contracts up for grabs for the USD 30 bn plant.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
EGX30 erases March losses with 14.2% April surge
The rally piled on roughly EGP 433 bn in market…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…