Egypt Delayed Power Project Bid Closing

Egypt Delayed Power Project Bid Closing

The Egyptian Electricity Transmission Company (EETC) delayed receiving bids for Switchyard Electricity projects tender with voltage 500 and 220 kilovolt from Cairo Electricity Production Company and Upper-Egypt Electricity Production Company (UEEPC) until mid December, reported Al Borsa. The delay came upon a request from the Cairo Electricity Production Company to include additional work that should have been added by EETC in the terms and conditions document.

Cairo Electricity Production Company’s CEO, Mohamed Mokhtar, stated that local firms ill have until November 20 to purchase tender documents. He added that projects investments were estimated at EGP 6.5b, of which $550m will be paid in foreign currency. Furthermore, ten companies have purchased the terms and conditions document for West Cairo power plant including the Egyptian Consulting and Trading Company, Xdegemac, Poseco Daewoo and XHyundai Venture, National Construction Company, El Swedy, Dongfang and Electric International.

The West Cairo project will be executed in 18 electricity packages with capacity 650MW. The project will use supercritical pressure technology to mitigate high temperature weather in the summer months. The project will start operations during fiscal year 2018/2019.

Sarah Samir 2538 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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