Elsewedy Electric to complete power line in Benban solar complex by September
According to sources at the Ministry of Electricity, Elsewedy Electric will complete the 500 kV overhead power line in Benban in September. The power line will connect Benban 3, a transformer station in Benban’s solar park, to the grid through Naga Hamady in Upper Egypt. It is worth nothing that the transmission line (worth EGP1.7bn) is now 88% complete. (Al Borsa)
Elsewedy Electric: EGP13.08 as of 25 Jul 2019, Rating: Buy, TP: EGP23.00/share, MCap: USD1,727mn, SWDY EY/SWDY.CA
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