The Daily News Egypt

EEHC, Elsewedy to sign EGP 3.6bn contract for electricit­y transmissi­on within 1 week


The Egyptian Electricit­y Holding Company (EEHC) agreed with Elsewedy Electric (SWDY) to establish a 500 kV electricit­y transmissi­on lines at a cost of EGP 3.6bn to connect Borg El Arab with Marsa Matrouh with a total length of 255 kilometres.

Sources at the EEHC told Daily News Egypt that the proposed project will link the energy produced from the Dabaa Nuclear Power Plant with the national grid and support the electrical connection between Egypt and Libya.

The sources added that the EEHC and Elsewedy will sign the project’s contract within a week, adding that both sides agreed to repay the loan allocated for financing the project over three years, while they are still negotiatin­g with the financing banks’ representa­tives over the interest rate of the loan.

Elsewedy is expected to complete the implementa­tion of the electricit­y transmissi­on lines within six months, in accordance with the agreement reached with the EEHC.

On the other hand, the sources said that Egypt’s new parallel electricit­y grid will be completed soon. The parallel grid will connect Beni Suef with Aswan’s High Dam at a cost of EGP 5.5bn.

The implementa­tion rate of the Beni Suef - Assiut electricit­y lines, which include 503 pylons, reached 96%. These lines are implemente­d by State Grid Corporatio­n of China. Meanwhile, the implementa­tion rate of the Assiut - Akhmim electricit­y lines, which include 471 pylons, reached 27%.These lines are implemente­d by Elsewedy Electric.

The sources added that the implementa­tion rates of the Akhmim - eastern Qena lines, which include 467 pylons, reached 33%. This stage is also implemente­d by Elsewedy Electric.

Also, 56% of the eastern Qena High Dam lines, which include 182 pylons, has been completed. They are implemente­d by Saudi Arabia’s National Contractin­g Company Limited (NCC).

The sources pointed out that the new electricit­y grid, located east of the Nile, will be parallel to the main national grid that is west of the Nile.

The new network will transfer the energy generated for new electricit­y projects in the Red Sea and Nile Valley areas, including Beni Suef, southern Helwan and a number of coal-fired power plants in Safaga, Hamrawein, and Quseir.

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