The Egyptian Electricity Transmission Company (EETC) is planning to launch a new bid for the establishment of four power transformer stations with investments worth of $250m in Kafr El Sheikhm ,Quena, New Administrative Capital and Zagazig, Al Borsa reported.
Official sources at EETC said that the company sent letters to the companies that would take part in the bidding process, explaining that bid amendments would take place. The companies included: General Electric, Siemens, Hyundai, EGEMAC and ABB, that were requested to send their offers by the end of March.
These projects come in line with the Ministry of Electricity’s plan to expand and develop the national grid of electricity to absorb the added capacity of the newly launched plants.
The plan also includes supporting transport networks in an estimated cost of EGP18b, to improve the efficiency of the network and ensure its sustainability.
Chairman of EGEMAC, Medhat Ramadan, said that the company will supply and implement Tamah transformer station 220/66 / 11KV amp Fayoum, which was planned within the Ministry of Electricity plan to stabilize the power supply.