The Egyptian government is seeking consultants to assist with its programme to restructure the Egyptian Electricity Transmission Company (EETC) to become the operator of the countrys transmission system.
The move to restructure the EETC was set out in Egypts New Electricity Law, which was issued on 9 July 2015. The New Electricity Law, for which the draft was approved by cabinet in February 2015, sets out the foundations for privatising the countrys electricity sector, which is currently owned and operated by state-owned entities.
Companies have until 4 October to submit expressions of interest (EOI) in the consultancy role.
The government is seeking consultants to provide technical assistance for the first phase of the restructure, with the implementation of the restructuring planned to be carried out over two phases.
The first phase will involve carrying out a gap analysis and assessment of the current structure of the EETC and proposing the required changes to restructure the EETC as the transmission operator and fulfil the mandate stated in the new electricity legislation.
The analysis will include organisational, governance, financial and accounting and unbundling and providing a performance monitoring and evaluation system. The consultant will conclude the first phase with a detailed blueprint for the market transitional action plans and immediate, medium and long-term action plans for the successful transformation of EETC.
The consultant will also prepare and provide the necessary TOR (terms of reference) for the consultancy services required for the second phase.
The second phase will involve providing technical support during the implementation of the transitional and first phase of the electricity market.
The government bodies involved with the EETC restructure programme are:
- the Ministry of Electricity & Renewable Energy (MoERE),
- the EETC and
- the Egyptian Electricity Regulatory Agency (EgyptERA).
The Egyptian government has received a grant of $6.5m contract from the Mena Transition Fund, which is being administered by the International Bank for Reconstruction and Development (IBRD) to go towards its plans to reform its energy and electricity sectors.