ArabFinance: General Electric was awarded a contract by the Egyptian Electricity Transmission Company to establish a regional power control center in Dakahlia, Al Mal news website reported on October 21st.
The American conglomerate won with an EGP 825 million bid, undercutting an EGP 862 million offer submitted by ABB and ElSewedy Electric.
The project will be financed through a EUR 50 million (EGP 932.15 million) loan provided by the French Development Agency.
In 2019, Schneider Electric and General Electric were awarded contracts to build four power transmission control centers.
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