{"id":9982,"date":"2021-09-05T18:18:50","date_gmt":"2021-09-05T18:18:50","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=9982"},"modified":"2021-09-05T18:18:50","modified_gmt":"2021-09-05T18:18:50","slug":"elsewedy-electrics-subsidiary-signs-16-7m-contract-in-ghana","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/economy\/elsewedy-electrics-subsidiary-signs-16-7m-contract-in-ghana","title":{"rendered":"ELSEWEDY ELECTRIC’s subsidiary signs $16.7M contract in Ghana"},"content":{"rendered":"

CAIRO \u2013 5 September 2021: ELSEWEDY ELECTRIC S.A.E. (SWDY) announced Sunday that its subsidiary ELSEWEDY ELECTRIC for Transmission & Distribution of Energy signed a new EPC contract worth $16.7 million.<\/p>\n

The company clarified in a filing to the Egyptian Exchange (EGX) that the contract is to build substation for electricity Company of Ghana.<\/p>\n

\u201cElSewedy Electric for Transmission & Distribution of energy scope of work includes the design, supply and installation of the whole project,\u201d it added.<\/p>\n

The contract will be implemented over 24-moths period on turnkey basis, according to the company.<\/p>\n

Elsewedy Electric Company\u2019s (SWDY) consolidated results showed a 70.58 percent increase in its profits during the first half of 2021, recording LE 1.74 billion, compared to LE 1.025 billion in the same period of 2020.<\/p>\n

Elsewedy Electric operates within the capital goods sector focusing on electrical components and equipment. It has 37 subsidiaries operating across Northern Africa, Eastern Africa, Middle East and Southern Europe.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

CAIRO \u2013 5 September 2021: ELSEWEDY ELECTRIC S.A.E. (SWDY) announced Sunday that its subsidiary ELSEWEDY ELECTRIC for Transmission & Distribution of Energy signed a new EPC contract worth $16.7 million. The company clarified in a filing to the Egyptian Exchange (EGX) that the contract is to build substation for electricity Company of Ghana. \u201cElSewedy Electric […]<\/p>\n","protected":false},"author":86,"featured_media":9983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[],"class_list":["post-9982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy"],"yoast_head":"\nELSEWEDY ELECTRIC's subsidiary signs $16.7M contract in Ghana - Ghana<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/economy\/elsewedy-electrics-subsidiary-signs-16-7m-contract-in-ghana\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ELSEWEDY ELECTRIC's subsidiary signs $16.7M contract in Ghana\" \/>\n<meta property=\"og:description\" content=\"CAIRO \u2013 5 September 2021: ELSEWEDY ELECTRIC S.A.E. (SWDY) announced Sunday that its subsidiary ELSEWEDY ELECTRIC for Transmission & Distribution of Energy signed a new EPC contract worth $16.7 million. 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