The Egyptian Electricity Holding Company (EEHC) awarded a contract for pumps at two new power plants to KSB, Amwal Al Ghad reports.
The approximate value of the contract is EGP 652 million, according to the newspaper.
The plants are being built in Cairo and El Walidiyah in Asyut. They are expected to begin production in 2019 and 2020, respectively, according to Amwal Al Ghad.
KSB is a German company that specializes in the production of pumps and valves.
Siemens, another German company, is currently constructing three other power plants. These plants are expected to come online by May 2018 and produce 14,400 megawatts (MW) of electricity, Daily News Egypt previously reported.