Expect delays in the in management, maintenance tender for Siemens plants

The Egyptian Electricity Holding Company (EEHC) wants to amend the tender to or the day-to-day management and maintenance of the three Siemens combined-cycle power plants. The EEHC is reportedly looking to ensure that smaller companies bidding on the tender have financial backing from a bank. The EEHC also wants the offers presented to be the opening position for further negotiations in order to obtain better terms, sources said. The EEHC has shortlisted four out of seven companies and consortia, including Siemens, an Orascom-ADERA Energy consortium, an Elsewedy-EDF consortium, a STEAG GmbH-PGESCo consortium, a Triangle-GD France consortium, Korea’s Doosan, and Japan’s Mitsubishi. The ministry was supposed to select the winning companies this month. The three fully-commissioned plants are also expected to be inaugurated next month with a combined production output of 14.4 GW.