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EGP 1.8 Billion Deal: Egyptian Electricity Transmission Company and Wadi El Nile Sign New Contract to Bolster the Grid and Enhance Power Transmission
10/25/2026

Engineer Mona Rizk, Chairperson of the Egyptian Electricity Transmission Company (EETC), has signed a contract with Wadi El Nile for Contracting and Real Estate Investments—led by Major General Khaled Madi—to construct a new 500 kV overhead transmission line. The project, valued at EGP 1.8 billion, is scheduled for completion within 12 months.

This new agreement aligns with the state’s strategic focus on strengthening energy security and ensuring a sustainable power supply. The Ministry of Electricity and Renewable Energy continues to implement plans to develop and reinforce the unified national grid, keeping pace with the expansion of renewable energy projects and enhancing the grid’s capacity to integrate new power sources. These efforts are being carried out under the guidance and supervision of Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy.

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