ELSEWEDY ELECTRIC signs an EPC Contract for three power generation plants in ANGOLA with a total value of US$ 484.5 Million, as part of Angola’s 2016 Emergency Power Plan to increase the thermoelectric generation capacity.

ELSEWEDY ELECTRIC (SWDY.CA on the Egyptian stock exchange) the leading Integrated Energy Solutions Provider in the Middle East and Africa, through one of its subsidiaries, announces the signing of a contract in ANGOLA for the Ministry of Electricity and Water to build three power plants, using GE gas turbines.

The contract entails increasing the generation capacity in three different locations in Angola (Camama, Cazenga and South Lunda).