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Monday, 27 August 2018

Electricity Ministry to launch tender for power transmission control centers in Cairo and Alex

The Electricity Ministry is planning to launch a tender in September for the construction of two power transmission control centers in Cairo and Alexandria worth a combined EGP 1.5 bn, unnamed ministry sources tell Al Mal. Offers from Siemens, Schneider, General Electric, and NR Electric Co, will be given priority, since the companies had prequalified for the project in a previous tender that was canceled. The Egyptian Electricity Holding Company (EEHC) will finance the projects using a portion of a EGP 19 bn loan it had acquired last year from a banking consortium led by the National Bank of Egypt and Banque Misr. The EEHC had canceled several control center tenders in May until grid upgrade works were complete. The ministry previously said it was planning to build 20 electricity transmission control centers across the country in 2018.

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