Masress : Opening tender in Egypt-Saudi Arabia electricity tie-up delayed to April

Egypt, Viatris sign MoU to expand presidential mental health initiative Asia shares rise on Tuesday Egyptian pound trades mixed against dollar in early Tuesday dealings URGENT: IMF reaches staff-level deal with Egypt on fifth, sixth reviews Gaza death toll rises amid mounting warnings over humanitarian conditions Egypt opens doors to investment with competitive advantages, investor-friendly climate: Finance Minister Egyptian medical convoy arrives in Sudan to support healthcare sector amid facility damage Egypt's Prime Minister orders faster health insurance rollout and new mining investment push Egypt's digital exports reach $7.4bn over seven years: Communications Minister Main Development Company signs EGP 1bn deal for West Qantara industrial site Breaking the Taboo: Japan's Nuclear Debate Stirs Old Ghosts in East Asia Shadows over the Sunshine State: Miami talks peel back the layers of Ukraine's peace puzzle Egypt, Gambia discuss opening first Egyptian medical centre in Banjul Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes Egypt flags red lines, urges Sudan unity, civilian protection Central Bank of Egypt, Medical Emergencies, Genetic and Rare Diseases Fund renew deal for 3 years Egypt's SPNEX Satellite successfully enters orbit Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple Egyptian Golf Federation appoints Stuart Clayton as technical director 4th Egyptian Women Summit kicks off with focus on STEM, AI UNESCO adds Egyptian Koshari to intangible cultural heritage list UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list Egypt recovers two ancient artefacts from Belgium Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch Australia returns 17 rare ancient Egyptian artefacts Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team Egypt launches Red Sea Open to boost tourism, international profile Sisi expands national support fund to include diplomats who died on duty Egypt's PM reviews efforts to remove Nile River encroachments Egypt resolves dispute between top African sports bodies ahead of 2027 African Games Germany among EU's priciest labour markets – official data Russia says it's in sync with US, China, Pakistan on Taliban It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights Sudan says countries must cooperate on vaccines Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19 Egypt to tax bloggers, YouTubers Egypt's FM asserts importance of stability in Libya, holding elections as scheduled We mustn't lose touch: Muller after Bayern win in Bundesliga Egypt records 36 new deaths from Covid-19, highest since mid June Egypt sells $3 bln US-dollar dominated eurobonds Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform

Thank you for reporting!

This image will be automatically disabled when it gets reported by several people.

Opening tender in Egypt-Saudi Arabia electricity tie-up delayed to April

Amwal Al Ghad Published in Amwal Al Ghad on 07 - 03 - 2017

The state-run Egyptian Electricity Holding Company (EEHC) decided to postpone the opening of the financial and technical tender for the Egypt-Saudi Arabia electricity interconnection project until mid-April.
Government sources said that the EEHC notified the companies of the new date, adding that the tender for the Medina-Tabuk substations will be posed by the Saudi side on 16 April instead of 16 March. The source said that the Badr-Nabq antenna lines will be posed by Egypt on 19 April.
The sources added that the delay is not due to strained political relations between Egypt and Saudi Arabia, but the desire of both parties to complete the project in the best way possible.
The sources stressed the government's desire to implement the electrical connection projects with Arab countries, especially with Saudi Arabia, to utilise the surplus in energy now, which is up to 4,000MW and expected to reach 8,000MW following the commercial operation of the Siemens power plants.
The winning company will connect an antenna line at a length of 450km, starting from the Badr City power station and stretching to the Nabq City switch station, in addition to an antenna line with a length of 850km from the switch station east of the Medina power station, passing through the Tabuk station. Alstom, ABB, and Siemens have all applied for the tender, and their offers will be analysed in coordination with the Saudi side.
The company winning this contract will establish two 500kV AC/DC transformers stations in Badr City and another linking station to connect to the aero line in Nabq.
The Italian Prysmian Group won the tender for the Egyptian-Saudi electrical interconnection cables project after competing against Norway's Nexans.
Prysmian will connect two switch stations in Egypt and Saudi Arabia in addition to a submarine cable of 500kV that is to cross the Gulf of Aqaba with a length of 16 km.
The operation of the electric interconnection project with Saudi Arabia will start a trial period in 2019 to exchange 3,000MW at peak time.
The project costs about $1.6 billion, with the Egyptian side's share amounting to $600 million. The Arab Fund for Economic and Social Development, Islamic Development Bank, and the resources of EETC, will contribute to the project's funding along with the Kuwait Fund for Arab Economic Development.
Source: Daily News Egypt

Clic here to read the story from its source.