Latest in Tag: Elsewedy Electric Highlight

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Latest in Tag: Elsewedy Electric

Egypt’s Elsewedy Electric acquires International Cables for EGP 410m

Egypt’s Elsewedy Electric has announced that it has signed a share purchase agreement (SPA) to acquire 99.25% of the shares of the International Cables Company (ICC). In a statement to the Egyptian Exchange (EGX) on Saturday, Elsewedy Electric said that the value of the contract amounts to EGP 410m. It highlighted that the implementation of …

Alyaa Stohy

Elsewedy Electric, NCC win Upper Egypt electricity tender

Elsewedy Electric and the National Contracting Company (NCC) won a tender to implement three electricity lines in Upper Egypt extending from Samalout to Naga Hammadi at a cost of EGP 4.187bn. A source at the Ministry of Electricity told Daily News Egypt that the companies presented the best financial bids. Elsewedy Electric is set to …

Mohamed Farag

Electricity Ministry to select from Elsewedy Electric, State Grid to establish Samalut-Naga Hammadi transmission lines

The Ministry of Electricity is to choose between the State Grid Corporation of China and Egypt’s Elsewedy Electric to establish a transmission line from Samalut to Naga Hammadi with a capacity of 500 kV. Sources at the Ministry of Electricity said the technical committee for the Egyptian Electricity Holding Company (EEHC) will meet on Tuesday …

Mohamed Farag

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