Tag: Ismailia
GE secures financial closure to build four substations connecting 7 GW to Egypt's national power grid
Posted: September 13, 2017 at 12:32 pm / Electricity & Power
The four substations will connect 6.5 million homes to the national grid. General Electric announced that it has reached financial closure for the contract worth approximately $250m signed with the Egyptian Electricity Transmission Company (EETC), according to press statement on Monday. The statement said that the project is financed by Deutsche Bank AG and HSBC […]
