El Sewedy Electric to Build Substations in Port Said

El Sewedy Electric to Build Substations in Port Said

El Sewedy Electric for Trading & Distribution (T&D), which is a subsidiary from El Sewedy Electric, signed an agreement for constructing the industrial district substation of Port Said, Egypt Oil & Gas reports.

The new turnkey contract is an engineering, procurement and construction (EPC) agreement with EGP 550 million of total value, the company said in a press release to the Egyptian Exchange Market (EGX).

The agreement has a ten-months period of implementation from the date of obtaining the land to the advance payment, which comes afterwards.

Elsewedy Electric T&D is an international organization specialized in the supply, installation and commissioning of overhead transmission lines, substations on a turnkey basis, and services for utilities and industries including rural electrification and street lighting projects throughout Africa and the Middle East.

Sarah Samir 3297 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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