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FINANCIAL NEWS
Alstom Grid wins $17m contract in Egypt
15 Oct 2010
(MENAFN) Alstom Grid said that it has won a $16.9 million contract from Egyptian Electricity Transmission Company (EETC) for the supply and delivery of an Energy Management System (EMS), Reuters reported.
The project, for replacing the existing National Control Centre in Giza and its back up in Abassia, also aims to replace and expand EETC�s telecommunications network, connecting to existing systems throughout the country with full digital technologies.
EETC will benefit from Alstom Grid�s world-leading e-terra suite of EMS software applications to secure greater and efficient grid reliability, stability, security and management of interconnections with neighbouring countries, Libya and Syria through Jordan at optimised cost.
The solution also includes a market management system (MMS) that can provide EETC with real time information on tariffs to both producers and consumers. This will allow the opening of the Egyptian Electricity Market, a regional first, when EETC decides to launch the application.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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