Mubasher TV
Contact Us Advertising   العربية

Elsewedy Electric's unit inks EGP 178m deal to build substation for Zayed monorail

Elsewedy Electric's unit inks EGP 178m deal to build substation for Zayed monorail
The project will be implemented over a period of 12 months
Elsewedy Electric
SWDY
-1.88% 33.85 -0.65

Cairo – Mubasher: The Egyptian Electricity Transmission Company (EETC) has signed a contract with Elsewedy Electric for Trading and Distribution, a subsidiary of Elsewedy Electric Co., to build a substation in Sheikh Zayed for the monorail project.

The EGP 178 million contract includes the establishment of a gas-insulated substation (GIS) with a capacity of 66/22 kilovolt (kV) to supply the Sixth of October monorail with electricity, according to a statement on Sunday.

The project, which will be implemented over a period of 12 months, will be financed by the Ministry of Electricity and Renewable Resources.