{"id":323285,"date":"2021-09-08T09:34:52","date_gmt":"2021-09-08T09:34:52","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=323285"},"modified":"2021-09-08T09:36:51","modified_gmt":"2021-09-08T09:36:51","slug":"elsewedys-subsidiary-signs-deals-to-build-three-substations-with-egp-1-150bn","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/09\/08\/elsewedys-subsidiary-signs-deals-to-build-three-substations-with-egp-1-150bn\/","title":{"rendered":"Elsewedy&#8217;s subsidiary signs deals to build three substations with EGP 1.150bn"},"content":{"rendered":"<p>Elsewedy Electric for Trading and Distribution as subsidiary of Elsewedy Electric signed two agreements with the Egyptian Electricity Transmission Company to build three substations in Central and North Sinai with a total value of EGP 1.150 billion.<\/p>\n<div id=\"Outstream\"><\/div>\n<p>The first contract, valued at EGP 970 million, includes building two 22\/66\/220 kilovolt (kV) gas-insulated switchgear (GIS) substations, the company said in a bourse disclosure on Tuesday.<\/p>\n<p>The second contract is worth EGP 180 million and involves establishing a 66\/22 kV GIS substation.<\/p>\n<p>Elsewedy Electric for Trading and Distribution will design, supply, and install the substations on a turnkey basis over a period of 16 months.<\/p>\n<p>In the first half (H1) of 2021, Elsewedy Electric Co\u00a0reported\u00a0consolidated net profits of EGP 1.74 billion, compared to EGP 1.025 billion in H1-20, including minority shareholders&#8217; rights.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elsewedy Electric for Trading and Distribution as subsidiary of Elsewedy Electric  signed two agreements with the Egyptian Electricity Transmission Company to build three substations in Central and North Sinai with a total value of EGP 1.150 billion. <\/p>\n","protected":false},"author":4,"featured_media":321098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[254],"class_list":["post-323285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-el-sewedy-electric"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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