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Tuesday, June 12, 2018
The Egyptian Ministry of Electricity plans to announce the winner of the tender to build the 6,000 MW Hamrawein coal-fired power plant on June 13, according to an Amwal Al Ghad report. The winner was originally supposed to be announced prior to May 27.
There are three consortiums competing for the tender. The Chinese consortium that includes Shanghai Electric and Dongfang Electric offered the lowest bid worth $4.4 billion. A US consortium led by GE submitted a bid of $5.2 billion bid a Reuters report cited a Minister of Electricity Mohamed Shaker as saying. The Japanese-Egyptian consortium that includes Mitsubishi-Hitachi Power Systems, Toyota Tsusho Corp, along with Egypt’s Orascom Construction and El Sewedy Electric, made the most expensive bid worth $6.19 billion.
Shaker stated that the government will award the bid to the company who offers the lowest average price for electricity production during the plant’s lifetime.
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