Egypt signs 119 million U.S. dollars in electricity bills
Recently, Egyptian Electricity Holding Company (EEHC) has obtained contracts for electric power and mechanical engineering worth 2.12 billion Egyptian pounds (about 119 million U.S. dollars) from major power projects in Assiut, Egypt's largest town, and in West Cairo.
It is understood that the project contract includes the tank yard at the Al Walideya power plant in western Cairo and Assiut and the "key shop" at the plant in West Cairo.
The company signed a key operating contract of 220-500 kilovolts with the Westinghouse power plant project with Siemens Daewoo and Hyundai Electric.
Among them, West Cairo power plant project value of 454.2 million pounds. According to the person in charge of the project, part of the cost is paid in U.S. dollars. The project implementation period is 32 months after the date of the transfer order, plus a 24-month guarantee period.
The project includes the design, manufacture, supply, installation, training and testing as well as the start-up operation of 500 kV and 220 kV gas insulated switchgear (GIS).
Egyptian Power Holdings chairman said the West Cairo and Assiut factory tanks and Hilal Construction Company signed a contract worth 98 million pounds. The scope of work includes the design, manufacture, supply of diesel fuel tanks, heating oil tanks, stainless steel condensate tanks and non-salt water tanks.
The project will be completed in three years from the mission date.