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EETC awarded two turnkey substation contracts: one to Elsewedy Electric subsidiary for expansion of Toshka 2 and Benban 3 substations (EGP 687 million), and another to a consortium of Hyosung, TBEA Hengyang Transformer and TBEA ZONFA for the New Oweinat substation (EGP 307 million).
Elsewedy Electric announced that its subsidiary Elsewedy Electric for Trading and Distribution signed a turnkey contract worth EGP 550 million to build a transformer substation in the East Port Said industrial zone, with a 10-month execution period.