CAIRO – 5 September 2021: ELSEWEDY ELECTRIC S.A.E. (SWDY) announced Sunday that its subsidiary ELSEWEDY ELECTRIC for Transmission & Distribution of Energy signed a new EPC contract worth $16.7 million. The company clarified in a filing to the Egyptian Exchange (EGX) that the contract is to build substation for electricity Company of Ghana. “ElSewedy Electric for Transmission & Distribution of energy scope of work includes the design, supply and installation of the whole project,” it added. Elsewedy Electric operates within the capital goods sector focusing on electrical components and equipment.

Source: Egypt Today September 05, 2021 11:15 UTC