The Egyptian Electricity Transmission Company (EETC) will soon launch a legal tender for companies to execute the transformers substation and lines for the electricity linkage project with Sudan, Daily News Egypt reported.
EETC will invite ten Arab and international companies to take a part in the legal tender and to submit their bids. The companies include General Electric, ABB, State Grid, Siemens, El-Sewedy and Schneider Electric.
The Egyptian Ministry of Electricity and Renewable Energy formed a technical committee, which said that the connection’s planned capacity will range between 250 MW and 300 MW.
EETC is in talks with banks to secure the Egyptian tranche of the project’s cost, which is estimated at around $500 million. Participating banks include the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), the African Development Bank, BNP Paribas, and the Kuwait Fund for Economic Development.