El Sewedy Electric is in talks with financial institutions for a loan to fund its 50MW solar power plant project in Benban as part of the feed-in tariff (FiT) program.
The Egyptian Electricity Transmission Company (EETC) is planning to launch a new bid for the establishment of four power transformer stations with investments worth $250m in Kafr El Sheikhm ,Quena, New Administrative Capital and Zagazig.
EGMAC was awarded an EGP200m contract to build two transformer stations in Sadat City for the Egyptian Electricity Transmission Company (EETC). The project will be completed in eight months.