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El Sewedy Electric Co SAE (SWDY.CA)

SWDY.CA on Cairo Stock Exchange

198.00EGP
21 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Egypt's El Sewedy Unit Wins Tender To Build 90 KV Substation
Thursday, 26 Apr 2018 04:05am EDT 

April 26 (Reuters) - EL SEWEDY ELECTRIC CO ::UNIT WINS TENDER TO BUILD 90 KV SUBSTATION FOR MAURITANIAN ELECTRICITY COMPANY .  Full Article

Egypt's El Sewedy Board Proposes Stock Split
Thursday, 26 Apr 2018 03:37am EDT 

April 26 (Reuters) - EL SEWEDY ELECTRIC CO ::BOARD PROPOSES STOCK SPLIT, TO CHANGE SHARE NOMINAL VALUE TO EGP 1 PER SHARE FROM EGP 10 PER SHARE.  Full Article

El Sewedy Unit Signs Contract With Egyptian Electricity Transmission
Monday, 12 Mar 2018 03:04am EDT 

March 12 (Reuters) - EL SEWEDY ELECTRIC CO ::ELSEWEDY ELECTRIC FOR TRADING & DISTRIBUTION SIGNS NEW CONTRACT WITH EGYPTIAN ELECTRICITY TRANSMISSION COMPANY.AGREEMENT IS FOR BORG EL ARAB – MARSA MATROUH 500KV POWER TRANSMISSION LINES WITH A TOTAL LENGTH OF 255 KM.TURNKEY AGREEMENT IS ON AN ENGINEERING, PROCUREMENT AND CONSTRUCTION BASIS WITH A TOTAL VALUE OF EGP 2.12 BILLION.EPC CONTRACT WILL BE IMPLEMENTED OVER SIX-MONTH PERIOD COMMENCING FROM DATE OF SIGNING AND RECEIPT OF PROJECT.  Full Article

Egypt's El Sewedy FY Consol Profit Rises
Wednesday, 28 Feb 2018 05:13am EST 

Feb 28 (Reuters) - EL SEWEDY ELECTRIC CO ::FY CONSOL NET PROFIT EGP 6.49 BILLION VERSUS EGP 3.95 BILLION YEAR AGO.FY CONSOL REVENUE EGP 42.91 BILLION VERSUS EGP 24.64 BILLION YEAR AGO.BOARD PROPOSES CASH DIVIDEND OF EGP 8 PER SHARE FOR H2 2017.  Full Article

Egypt's El Sewedy Electric FY Profit Rises
Wednesday, 28 Feb 2018 02:43am EST 

Feb 28 (Reuters) - EL SEWEDY ELECTRIC CO SAE ::FY CONSOL NET PROFIT EGP 6.49 BILLION VERSUS EGP 3.95 BILLION YEAR AGO.FY CONSOL REVENUE EGP 42.91 BILLION VERSUS EGP 24.64 BILLION YEAR AGO.BOARD PROPOSES CASH DIVIDEND OF EGP 8 PER SHARE FOR YEAR 2017.  Full Article

El Sewedy Says Unit Signs 5.5 Mln Kuwaiti Dinars Contract
Wednesday, 21 Feb 2018 02:55am EST 

Feb 21 (Reuters) - EL SEWEDY ELECTRIC CO ::UNIT SIGNS 5.5 MILLION KUWAITI DINARS STREET LIGHTS CONTRACT FOR 24 MONTHS‍​.  Full Article

DEWA Awards AED 1.1 BLN Contract to Elsewedy Electric, Siemens
Wednesday, 7 Feb 2018 03:13am EST 

Feb 7 (Reuters) - EL SEWEDY ELECTRIC ::DUBAI ELECTRICITY AND WATER AUTHORITY (DEWA) AWARDS 1.1 BILLION DIRHAMS CONTRACT FOR WORK ON 4TH PHASE OF H-STATION AT AL AWEER, TO CONSORTIUM COMPRISING SIEMENS AND ELSEWEDY ELECTRIC.PROJECT AIMS TO TEST, SUPPLY, AND COMMISSION THREE GAS TURBINES WITH TOTAL CAPACITY OF 815 MEGAWATTS.TURBINES ARE EXPECTED TO BE OPERATIONAL IN PHASES STARTING FROM FEB 29, 2020, AND ENDING ON APRIL 30, 2020.STATION IS EQUIPPED WITH LATEST CONTROL SYSTEMS AND TECHNOLOGIES TO REDUCE EMISSIONS, TURBINES WILL BE COMPLETELY FUELED WITH NATURAL GAS.ONCE 815 MW 4TH PHASE IS COMPLETE, STATION WILL HAVE TOTAL CAPACITY OF 2,811 MW.  Full Article

Egypt's El Sewedy Unit signs Contract With Egyptian Electricity Holding
Thursday, 28 Dec 2017 04:52am EST 

Dec 28 (Reuters) - EL SEWEDY ELECTRIC ::SAYS EGYPTIAN ELECTRICITY HOLDING SIGNS ABOUT EGP 570 MILLION CONTRACT WITH UNIT POWER SYSTEM PROJECTS FOR UPPER EGYPT ELECTRICITY PRODUCTION CO.UNIT'S CONTRACT WITH EGYPTIAN ELECTRICITY HOLDING INCLUDES ABOUT $25 MILLION IN FOREIGN CURRENCY TO BE ENTIRELY FINANCED BY OFID.DURATION OF PROJECT IMPLEMENTATION IS 29 MONTH UNDER SUPERVISION OF PGESCO‍​.SAYS CONTRACT IS FOR IMPLEMENTATION OF MECHANICAL AND PIPE WORKS FOR 650 MW STEAM THERMAL POWER PLANT AT ASSIUT ‍​.  Full Article

Egypt's El Sewedy Unit Signs Transformer Station Construction Contract
Tuesday, 26 Dec 2017 03:17am EST 

Dec 26 (Reuters) - EL SEWEDY ELECTRIC CO ::UNIT SIGNS EGP 477 MILLION CONTRACT FOR CONSTRUCTION OF BADER TRANSFORMER STATION 2 ON BEHALF OF URBAN COMMUNITIES AUTHORITY.PROJECT IMPLEMENTATION DURATION IS FOR 12 MONTHS FROM DATE OF SIGNING OF DEAL.  Full Article

Egypt's El Sewedy Says Still in Talks With NREA to Establish Wind Farms
Tuesday, 28 Nov 2017 03:52am EST 

Nov 28 (Reuters) - EL SEWEDY ELECTRIC ::SAYS STILL IN TALKS WITH NEW & RENEWABLE ENERGY AUTHORITY (NREA) TO ESTABLISH 500 MW WIND FARMS IN COLLLABORATION WITH MARUBENI‍​.  Full Article