# Elsewedy Electric signs two contracts with Egyptian Electricity Transmission Company worth EGP 433 million

Elsewedy Electric for Trading and Distribution, a subsidiary of Elsewedy Electric, signed two contracts worth EGP 433 million with the Egyptian Electricity Transmission Company. The first contract is for supply and supervision of installation of 51 transformers (40 MVA each) for EGP 331 million, and the second for supply and installation of 6 transformers (175 MVA each) for EGP 102 million.

- Type: Contract
- Announced: 2019-10-23
- Where: Egypt
- Value: $27.0M (433.0M EGP)
- Status: announced
- Products: transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Elsewedy Electric](https://endata.com/companies/15852.md)
- [Egyptian Electricity Transmission Company](https://endata.com/companies/8448.md) (customer)

## Sources

- [masrawy.com](https://www.masrawy.com/news/news_economy/details/2019/10/24/1658017/%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%AF%D9%8A-%D8%A5%D9%84%D9%8A%D9%83%D8%AA%D8%B1%D9%8A%D9%83-%D8%AA%D9%88%D9%82%D8%B9-%D8%B9%D9%82%D8%AF%D9%8A%D9%86-%D9%85%D8%B9-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D9%84%D9%86%D9%82%D9%84-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%A8%D9%80-433-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87), 2019-10-24: "وقعت شركة السويدي إليكتريك للتجارة والتوزيع، التابعة لمجموعة السويدي إليكتريك، عقدين بقيمة 433 مليون جنيه لصالح الشركة المصرية لنقل الكهرباء."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.