BRIEF — Elsewedy Electric PSP And Sinohydro JV Signs EPC Contract For Rabigh 2 IPP Expansion Project

Oct 14 (Reuters) — ELSEWEDY ELECTRIC COMPANY: Elsewedy Electric- Joint Venture Of Elsewedy Electric Psp And Sinohydro Signs Epc Contract For Rabigh 2 Ipp Expansion Project Elsewedy Electric- Epc Contract Signed For The 2.3 Gw Rabigh 2 Ipp Expansion Project With A Value Of Approximately $2.2bn Elsewedy Electric- Project Commercial Operation Targeted For May 2029 Elsewedy Electric- Since Commencement, Project Reached More Than 39% Overall Progress While Construction Continues To Gain Momentum Elsewedy- Awarded By Developer Al Mourjan Two For Electricity Co, Contract Formally Launches Full-scale Execution Of 2.3 Gw Facility Under Jv Responsibility Further company coverage: SWDY.CA (Reuters.Briefs@thomsonreuters.com;)