Siemens, Hassan Allam land new capital control center tender
Siemens, Hassan Allam beat State Grid, Huawei in new capital control center tender: A Siemens-Hassan Allam consortium has been awarded the tender to construct an electricity control center in the new administrative capital, beating out Chinese state-owned utility company State Grid, tech giant Huawei, and Orascom Construction, Al Mal reports. The tender will see the group build the control center, develop communication networks, and improve electrical transmission over a two-year period. They reportedly submitted a EGP 880 mn bid for the contract, undercutting State Grid’s EGP 1.1 bn offer by 20%. A third consortium led by General Electric was disqualified from the tender, the Electricity Ministry announced last year.