Siemens, Doosan front runners to manage Siemens power plants

The Egyptian Electricity Holding Company (EEHC) has narrowed the contenders for the day-to-day management and maintenance of the three Siemens combined-cycle power plants down to Siemens and Korea’s Doosan, an EEHC source said. The EEHC expects to make a final decision in two weeks and sign the contracts within one month, according to the source. Doosan reportedly presented the cheapest offer, followed by Siemens. Other contenders — an Orascom-ADERA Energy consortium, an Elsewedy-EDF consortium, a STEAG GmbH-PGESCo consortium, a Triangle-GD France consortium, and Japan’s Mitsubishi — have been eliminated from the race, as they quoted prices that were too high.The three fully-commissioned plants are expected to be inaugurated next month with a combined production output of 14.4 GW.