ELSEWEDY ELECTRIC Power System Projects (PSP), in a joint venture with The Arab Contractors and Orascom, has secured a major contract for the construction of Egypt's ambitious High-Speed Rail (Green Line) project. Awarded by the Ministry of Transportation's National Authority of Tunnels, this landmark project will link major cities across the country through an extensive network of 21 stations. 

ELSEWEDY ELECTRIC PSP's role in this monumental undertaking is substantial. The company will be responsible for the construction and testing of seven key stations along the route: New Capital, Wadi El Natroun, Giza, Sidi Abdel Rahman, El Dabaa, Ras El Hekma, and MarsaMatrouh. 

The high-speed rail network, spanning an impressive 675 kilometers, will connect Ain Sokhna to October Gardens, with branches extending south to Al-Ayat and north to Alexandria, Alamein, and MarsaMatrouh. This prominent project is scheduled for completion within 36 months, and will feature state-of-the-art electric trains supplied by Siemens. 

With a design speed of 250 km/h and operational speeds of 230 km/h for express trains, 160 km/h for regional trains, and 120 km/h for electric freight tractors, this high-speed rail network will revolutionize transportation in Egypt, offering unparalleled efficiency and connectivity. 

For ELSEWEDY ELECTRIC PSP, this project represents a significant milestone, opening up new avenues for growth and enabling the company to showcase its expertise as both a construction powerhouse and a leading service provider in the mobility sector.  

As Egypt continues its rapid development, projects like the High-Speed Rail (Green Line) will play a pivotal role in driving economic growth, facilitating trade, and enhancing the quality of life for millions of Egyptians. ELSEWEDY ELECTRIC PSP's involvement in this transformative initiative is a testament to the company's relentless efforts to contribute to the nation's progress and cement its position as a leader in the construction and mobility industries. 

ELSEWEDY ELECTRIC has firmly established itself as a champion for sustainability. Over the past five years, the company has consistently demonstrated a commitment to reducing its environmental impact and promoting responsible business practices. 

Leading the Way in Risk Management 

ELSEWEDY ELECTRIC's dedication to sustainability is evident in its impressive ESG (Environmental, Social, and Governance) Risk Score of 20.2 by Sustainalytics. This score, which is lower than the global average, signifies the company's adept management of environmental risks specific to its industry. This proactive approach ensures ELSEWEDY ELECTRIC prioritizes long-term environmental health in its operations. 

Excellence Recognized: Awards and Rankings 

ELSEWEDY ELECTRIC's sustainability efforts haven't gone unnoticed. The company's consistent focus has been validated by achieving a silver rating on EcoVadis for two consecutive years (2022 & 2023). This prestigious ranking places ELSEWEDY ELECTRIC among the top 15% of global suppliers in terms of sustainability practices. 

Furthermore, ELSEWEDY ELECTRIC's CDP score of "B" in Climate Change for 2023 stands out. This score surpasses regional, industry, and global averages, highlighting the company's effectiveness in managing its environmental impact. Additionally, ELSEWEDY ELECTRIC's 2023 S&P Global ESG Score exceeds the industry mean across all dimensions, solidifying its position as a leader in sustainable practices within its sector. 

Elsewedy Electric's devotion to sustainability was further validated by their inclusion in the Corporate Knights ranking of the 2022 Global 100 Most Sustainable Corporations in the World. This prestigious ranking acknowledges their leadership among over 7,000 public companies, boasting a revenue exceeding USD1 billion. 

Building a Sustainable Future: Product Development 

ELSEWEDY ELECTRIC's accountability extends beyond just managing its own operations. The company is actively developing Environmental Product Declarations (EPDs) for over 2,500 of its products. EPDs provide transparent data on a product's environmental impact throughout its lifecycle. This initiative underscores ELSEWEDY ELECTRIC's dedication to sustainable product development, ensuring its solutions are environmentally responsible from design to disposal. 

ELSEWEDY ELECTRIC's accomplishments exemplify a holistic approach to sustainability, transcending mere adherence to regulations. Their proactive efforts are instrumental in steering the electric and energy sector towards a brighter, more sustainable tomorrow.