Opening of bids for the 6.6 GW Hamrawein coal-fired project (Egypt)
The Egyptian state-held power utility Egyptian Electricity Holding Company (EEHC) is going forward with the 6,600 MW Hamrawien (also labelled as Hamarawein) supercritical coal-fired power plant project in Egypt (Red Sea coast). The project contracts are expected to be signed by mid-2018 and the plant is scheduled to come onstream in 2023-2024.
Several bids have been submitted for the project’s engineering, procurement and construction (EPC) contract and a consortium including Shanghai Electric (SEC), Dong Fang (DFC) and Hassan Allam Construction (HAC) submitted the lowest bid of US$4.4bn with a Levelised Cost of Electricity (LCOE) of US$5.4c/kWh. The second lowest bid was submitted by GE (US$5.8bn) with a LCOE of US$7c/kWh and a consortium of Mitsubishi Hitachi Power System (MHPS), Orascom Construction (OC) and El Sewedy (PSP) submitted a US$7bn bid with a LCOE of US$4.5c/kWh.
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