EEHC to receive bids for operation and maintenance tender for Siemens power plants

The Egyptian Electricity Holding Company (EEHC) is set to receive today bids in its open tender for the operation and maintenance of the three Siemens combined-cycle power plants, Al Borsa reports. 10 companies, including Siemens, an Orascom-ADERA Energy consortium, an Elsewedy-EDF consortium, Germany’s STEAG GmbH, Hassan Allam, a Triangle-GD France consortium, Korea’s Doosan, and Japan’s Mitsubishi are taking part in the tender, Electricity Ministry sources say. The EEHC had issued the tender in November with plans to come to a final agreement with the winning company or consortium by 2017’s end. Picking a company to manage the three plants is an important step prior to the establishing three state-owned companies which will list as part of the state IPO program.