The Upper Egypt Electricity Production Company (UEEPC) will complete the technical and financial examinations of the offers proposed for the tenders of boilers and turbines in two months. The equipment will be used at the Assiut powerplant that will produce 650 MW.
UEEPC Chairperson Ibrahim Al-Shahat told Daily News Egypt that eight Arab and international companies are competing on the tender for the main turbine and generator, including Toyota, Mitsubishi, General Electric, and Siemens.
At the same time, four companies are competing for the boiler tender, including Ansaldo and General Electric. The tenders for the main reservoirs, comprehensive insurance, and transformers will be put forward after reviewing the requirements and specifications.
Al-Shahat said that UEEPC received eight offers to buy the tender specification for the civil works, noting that the company will examine the proposals within three weeks.
He pointed out that the total cost of the project stands at EGP 5bn and will be financed by international funding bodies in addition to the autonomous resources of the company.
Those funders include the Arab Fund for Economic and Social Development, the Kuwait Fund for Arab Economic Development, the Islamic Development Bank, and the OPEC Fund for International Development (OFID). UEEPC will self-finance $170m, which is 23% of the total cost of the project.
The Ministry of Electricity is working to add more capacity to the national grid, in the framework of the five-year plan (2012-2017). The ministry aims to meet the growing demand for electricity in the summer over the coming years through registering a total capacity of 32,000 MW.