Ministry of Electricity pays Siemens EUR2.3bn for works in three power plants
Ministry of Electricity and Renewable Energy has settled payments of EUR2.3bn to Siemens in return for its construction, procurement and installment of the turbines and equipment for the three power plants in Beni Suef, Burullus and New Capital. A Ministry source said there will be no delay in payments to enable Seimens to finalise the projects as scheduled. (Al Borsa)
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