Cairo – Mubasher: Elsewedy Electric has obtained final approvals from Angolan authorities to establish three electricity generation stations worth $484.5 million, said Elsewedy in a press release.
On 29 January 2016, the Egyptian leading company was a warded a development contract worth $484.5 million.
The contract entails increasing the generation capacity in three different locations in Angola: Camama, Cazenga and South Lunda as a part of Angola's 2016 Emergency Power Plan to increase the thermoelectric generation capacity.
