Elsewedy Electric Co announced that its 99.80%-owned subsidiary, El Sewedy Electric for Trading and Distribution, has signed three contracts to execute the South Valley development project in Toshka.
Hence, the subsidiary will reclaim 375,000 feddans on sub 4 and dash 4 for loads in O2, O5, and O8, according to a stock exchange filing on Sunday.
Related Posts
The projects are valued at EGP 2.20 billion and will be implemented during a period of six months starting from the site receiving date.
In August 2022, El Sewedy Electric for Trading and Distribution signed two new contracts worth over EGP 1 billion with the Egyptian Electricity Transmission Company.
