Cairo – Mubasher: The Egyptian Electricity Transmission Co. (EETC) signed a contract with an alliance comprised of Hyosung, TBEA HENGYANG Transformer, and TBEA ZONFA Shanghai High Voltage Switchgear, Ahram Gate reported on Tuesday.
The deal includes the establishment of New Oweinat substation on a turnkey basis over a period of twelve months starting from the date of signing the contract, EETC’s chairman, Sabah Mashaly, said.
The total value of the deal amounts to EGP 307 million to be self-financed by the company, Mashaly noted.
