September 12, 2021 | oil and gas

Elsewedy and TTC complete Substations in Iraq


Elsewedy Electric and Toyota Tsusho Corporation (TTC) have reportedly announced the completion of four electrical substations in Southern Iraq.

According to Zawya, the $546-million contract was signed in February 2018, with the participation of the Japan Bank for International Cooperation (JBIC), Bank of Tokyo-Mitsubishi UFJ, and Sumitomo-Mitsui Banking Corporation, under insurance cover by from Japan's Nippon Export and Investment Insurance (NEXI).

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