New Contract Worth TRY 1.73 Billion in Egypt from ŞA-RA Enerji

ŞA-RA Enerji signed a high-voltage electricity transmission line construction contract worth approximately 31 million euros in Egypt, within the scope of the joint venture it formed with group company Şa-Ra Teknoloji A.Ş. The works to be carried out under the contract, worth approximately TRY 1.73 billion, are planned to be completed in 2028.
ŞA-RA Enerji, which operates in national and international markets with production and engineering activities for energy transmission infrastructure, continues to expand its business portfolio with new projects. The company announced the new contract regarding the high-voltage electricity transmission line project undertaken in Egypt through a disclosure made to the Public Disclosure Platform (KAP).

Within the scope of the joint venture formed by ŞA-RA Enerji A.Ş. and its group company Şa-Ra Teknoloji A.Ş., the value of the contract signed with a customer based abroad was announced as approximately 31 million euros, equivalent to approximately TRY 1 billion 726 million in Turkish lira terms. The project is targeted to be completed in 2028.
The company's KAP disclosure included the following statements:
“Within the scope of the joint venture formed by our company Şa-Ra Enerji A.Ş. with its group company Şa-Ra Teknoloji A.Ş., a high-voltage electricity transmission line construction contract worth approximately EUR 31,000,000 (approximately TRY 1,726,000,000) has been signed with a customer based abroad, and the contract is planned to be completed in 2028.”
New Contract in Egypt Added to International Project Portfolio
ŞA-RA Enerji, which has the competence to manufacture the components of power transmission lines in-house and to offer turnkey projects, has expanded its international project portfolio with the new contract in Egypt.
In July, the company had also announced that it signed an electricity transmission line construction contract worth approximately 17.6 million euros in Moldova, within the scope of the joint venture formed with its group company. The new contract signed in Egypt, worth approximately 31 million euros, represents a continuation of the company's project activities in international markets.
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