Egypt signs $119m power project deals

The Egyptian Electricity Holding Company (EEHC) has awarded E£2.125 billion ($119 million) worth of electrical and mechanical works contract for key power development projects in Assiut, the largest town in Upper Egypt, and the west Cairo area, said a report.

The scope of work includes implementation of the tanks yard in the electricity plants in west Cairo and Assiut’s Al Walideya, as well as the “keys yard” for a west Cairo plant, reported Daily News Egypt.

The contract for the keys yard operation, with 220-500 kV capacity for the project of the West Cairo electricity plant was signed, with the alliance of Posco Daewoo Corp and Hyundai Electric.

The contracting value of the west Cairo keys yard is E£454.2 million. Part of the cost is paid in dollars, and the implementation period of the project is 32 months since the assignment order date, in addition to a 24 month guarantee period, said the Daily News Egypt.

The works of this operation include designing, manufacturing, supplying, installing, training, and carrying out tests, as well as starting operation of the gas-insulated switchgear (GIS) with 500 kV and 220 kV capacities, stated the report.

Gabir Al Desouky, the chairperson of the EEHC, said that a contract was signed for the tanks of the west Cairo and Assiut plants with Hilal Construction Company for a value of E£98 million.

The scope of work includes designing, manufacturing, and supplying a diesel tank, a heating oil tank, condensing water tank of stainless steel, and a saltless water tank.

The project will be completed with three years starting from the assignment date.

Source: tradearabia.com