The Egyptian Electricity Transmission Company (EETC) has awarded the consortium of global technology giant Siemens and Hassan Allam Construction (HAC) an EGP 838 mn tender to construct an electricity control center in the New Administrative Capital (NAC).

Germany-based Siemens Energy has been picked by the Egyptian Electricity Transmission Company (EETC) to connect Alexandria's Bashayer El Khair residential project with the country’s national grid.

Egytech Cables, a subsidiary of Egypt's Elsewedy Electric, has inked an EGP 1.2 bn deal to upgrade Cairo Regional Control Center on a turnkey basis.

The European Union (EU) is to allocate an approximate amount of EUR 110 mn to finance Egyptian projects in various sectors within the upcoming period, coming as part of the EUR 500 mn Single Support Framework (SSF) 2017-2020.

Electricity Minister Mohamed Shaker has revealed that Egypt has spent EGP 515 bn since mid-2014 to enhance the country's national electricity grid