China's TBEA, Orascom Win Bid for Egypt Power Plant
China-based TBEA and the Egyptian Orascom have won the tender for implementing transformer substations and civil works for the 650 MW Walideya, Assiut power plant, a report said.
TBEA will be awarded a contract worth EGP94.860 million ($5.22 million) for the substations, while Orascom will sign a contract over EGP1.25 million for the civil works, reported Daily News Egypt, citing sources at the Upper-Egypt Electricity Production Company (UEEPC).
The sources noted that the proposals for another tender for pumps are being evaluated, including those from Mitsubishi and KSB. The total value of that tender is estimated at €16.3million ($17.6 million).
The project, which comes within the 2012-2017 five-year plan, is composed of a steam turbine with a capacity of 650 MW, condensers, generators, and other facilities. The plant works through a steam boiler with supercritical pressure, fuelled by natural gas and fuel oil. The output energy will be linked to the main station in Assiut with a voltage of 500 KV.
Upper Egypt Electricity Production Company's (UEEPC) CEO Ibrahim El Shahat was quoted as saying that the total cost of the power plant amounts to EGP5 billion.