Elsewedy Electric unit lands SAR80m deal in KSA

Cairo – Mubasher: Elsewedy Electric said it 100% owned unit, Power System Projects has signed a contract worth of SAR 80 million (EGP 189 million) in Saudi Arabia.

Under the agreement, Elsewedy unit will carry out the designing, supplying and construction works at natural gas transmission compressor station on a turnkey basis.

The company is expected to start the project’s implementation starting of 16 August, the date of signing the contract, The project is expected to be completed within 15 months.

Mubasher Contribution Time: 17-Aug-2016 08:35 (GMT)
Mubasher Last Update Time: 17-Aug-2016 08:35 (GMT)