Budget shortfalls have forced the Electricity Ministry to withdraw a tender to hire an international consultancy to assist in the evaluation and management of the three Siemens power plants, Daily News Egypt reported. The Egyptian Electricity Transmission Company (EETC) had started talks with EDF Energy, which submitted an EUR 8 mn offer, but then decided to assign the management task to ministry experts. Parsons (EUR 15 mn), and RWE Group (EUR 16 mn) had also submitted offers. Siemens seems to be moving ahead of schedule on the plants, announcing in a Monday press release that it connected 10% more power to the national grid than what had been initially agreed upon.
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