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Thursday, 8 August 2019

Egyptian Electricity Holding launches USD 84 mn tender for two control centers

The Egyptian Electricity Holding Company (EEHC) has launched a tender for foreign companies to build two power transmission control centers at a combined cost of USD 84 mn (c. EGP 1.4 bn) in New Cairo and Nasr City, a company executive told Al Mal. The New Cairo center is expected to cost some USD 45 mn, and the Nasr City site up to USD 39 mn. EEHC subsidiary North Cairo Electricity Distribution Company will oversee the projects until their expected inauguration within 18 months. Construction will be financed by the EEHC and the Japanese International Cooperation Agency (JICA), the source told the newspaper.

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