Alcatel is understood to have priced its package at Eur 17.1 million ($14.9 million) plus £E 16.8 million ($3.6 million). Alstom’s quote – for the SCADA, substation adaption works and the control building – is Eur 9.2 million ($8 million) plus £E 37.1 million ($8 million). Alstom Egyptand the local Electro-Tharwatare also part of the consortium bidding for the SCADA package.
The foreign currency portion of the project is financed from French government protocols.
Electricite de Franceis working as consultant on the project.