Cairo-Mubasher: Al Fanar General Contracting, Construction, Trade, Import and Export Co. signed a contract with ABB Arab company worth EGP 2.33 million.

Under the agreement, Al Fanar will carry out civil works at transformers station.

Earlier, Al Fanar sealed EGP 7.5 million agreement with Indian-based Kalpataru Power Transmission Limited Co.

Al Fanar posted EGP 18 million in net profits for the first half of 2015.