EEHC finalizes EGP 626 mn pump supply contract with Germany’s KSB for West Cairo, Asyut power stations
The Electricity Holding Company (EEHC) finalized contracts worth EGP 626 mn with Germany’s KSB yesterday for the supply of pumps for the West Cairo and Asyut power stations, Al Masry Al Youm reports. We had said in September that KSB would be awarded a c. EGP 330 mn contract for the 650 MW West Cairo power plant, which is expected to come online in 2019 with over EGP 6 bn in funding secured through Arab financing institutions, such as the Kuwait and Saudi development funds. In related news, EHC boss Gaber El Dessouki signed an MoU with the Global Energy Interconnection Development and Cooperation for collaboration on sustainable energy planning and regional power interconnection projects. El Dessouki also met with executives from Sweden’s ABB Group yesterday to discuss further cooperation on renewable energy projects. Also yesterday, the EEHC issued a list of power projects that made it into its 2022-2027 plan, which aims to generate around 13,340 MW of power through projects worth USD 20 bn, Daily News Egypt reports. Among those is the coal-fired power plant in Hamrawein, which the UAE’s Al Nowais will be establishing, another in Oyoun Mousa, a combined-cycle power station in Qena, as well as another in Luxor. The Electricity Ministry had decided to put a number of projects on hold, seeing as the country is already producing a surplus.