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Wednesday, 28 February 2018

Electricity Ministry draws list of contractors it recommends work on the Dabaa plant

The Electricity Ministry has reportedly drawn up a list of 10 contractors it will recommend to Russia’s Rosatom to work on the USD 30 bn Dabaa nuclear power plant, ministry sources told Al Mal on Tuesday. Among the leading names included in the list are Elsewedy Electric, Orascom Construction, Arab Contractors, Hassan Allam, and Petrojet, the source added. The ministry had compiled the list along with the ministries of housing and public enterprises. 20% of construction work on the power plant has been slated for Egyptian companies, amounting to USD 4 bn in contracts, according to the newspaper.

Elsewedy Electric has already begun talks to establish a consortium to bid on contract work for the power plant, CEO Ahmed Elsewedy tells the newspaper. The company plans to secure a large portion of the work on the power plants, he added without providing details.

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