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The company announced that the Swedish Electric today announced the signing of a supply contract smart water meters to the State of Madagascar , a total value of approximately $ 36.7 million.
"El Sewedy Electric" said in a disclosure sent to the Egyptian Stock Exchange that the company "Askra Amco" to measure its energy by 99% is the one that signed the contract with the Electricity and Water Corporation of Madagascar.
El-Sewedy Electric added that this contract includes the supply of 485 thousand smart meters for water within three years from the date of signing.
Al-Sewedy Electric signed several contracts this year in the field of electricity, dams and solar energy in several African countries, including South Sudan, Tanzania and Zambia. |