Elsewedy Electric wins $19m Canal Sugar Company EPC contracts

Contracts cover construction of 33kV network and transmission line, and will be delivered over a 30-month period

Canal Sugar Co has awarded two EPC deals.
Representational
Canal Sugar Co has awarded two EPC deals.

Egyptian Exchange-listed (EGX) Elsewedy Electric has won two engineering, procurement, and construction (EPC) contracts worth $18.6m for Canal Sugar Company, with the first contract – valued at $15.4m – covering the construction of an internal 33kV network spread across 180km, and the second including the construction of a transmission line at a cost of $3.2m.

The contract was awarded to Elsewedy Electric for Trading and Distribution, a subsidiary of the New Cairo-headquartered wire and cables services provider.

In a statement, Elsewedy Electric said that the contracts would respectively be implemented over a period of 24 and six months, starting from the date of signing the contract and receiving the advance payment.

According to the statement, the contract win comes after Elsewedy Electric for Trading and Distribution signed a $26.8m contract to build a substation and transmission line for Canal Sugar Company this April.

The firm has signed $45.4m of contracts with Canal Sugar Company to date. 

Most popular

Awards

Deadline approaches for CW Oman Awards 2020 in Muscat
You have until 20 January to submit your nominations for the ninth edition of the

Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 765
Jun 29, 2020