The Egyptian Electricity Holding Company (EEHC) will start receiving proposals to establish a coal-fired power plant in Al Hamarawein with capacity of 6,000 MW and investments of up to $10b till May, Al Borsa informed.
EEHC deferred contracting with Belgium’s Tractebel Engineering Consultancy Company to evaluate the aforementioned proposals. The International companies will present technical and financial envelopes for establishing the project. Then, EEHC, in cooperation with Tractebel, will sign an EPC+Finance contract with the winning company.
It is worth mentioning that Egypt’s Ministry of Electricity has received in January seven requests to establish coal-fired power plants. The power plant is a part of the Ministry’s plan to diversify sources of energy production to provide uninterrupted electricity supply and to achieve sustainability.The Ministry is planning to produce 6000 MW from coal-fired plants by 2023, along with the project that will be implemented by UAE’s Al-Nowais Company.
EEHC’s Head, Gaber El Desouky, had previously stated that the consultancy company will handle the evaluation of the technical and financial offers made by the seven global companies to establish a coal-fired electricity plant in the area of Hamrawein on the Red Sea coast.