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Thursday, 26 April 2018

Another hurdle in getting Hamrawein power plant up and running?

The Electricity Ministry is reportedly looking to lower the costs of developing the 6.6 GW-capacity Hamrawein “clean coal” plant, and has informed the companies bidding on the project to lower their bidding price, ministry sources tell Al Mal. The Orascom Construction-Elsewedy Electric-Mitsubishi Hitachi consortium is reportedly offering to build the plant for USD 7 bn. GE is offering to build it for USD 5.8 bn, while a Shanghai Electric-Dong Fang-Hassan Allam consortium is reportedly pricing the development at USD 4.4 bn, according to the newspaper.

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