Iranians in front for 25-substation deal

30 July 2004
Iran's Parsian High Voltage Substation Development Company is frontrunner to take three Public Establishment for Distribution & Exploitation of Electrical Energy contracts to design and install 25 66/20-kV substations.
Iran's Parsian High Voltage Substation Development Company is frontrunner to take three Public Establishment for Distribution & Exploitation of Electrical Energy contracts to design and install 25 66/20-kV substations.

The contractor is understood to be in the lead after financial bids for the contracts, worth an estimated $60 million, were opened in mid-July. The three contracts cover:

Tender 255/A for the supply of 10 substations for the Damascus suburbs and southern region;

Tender 225/B for nine substations in the Aleppo governorate and middle region;

Tender 255/C for six 66/20-kV substations for the eastern and northern regions.

Parsian's selection has still to be ratified by the European Investment Bank (EIB), which is funding the contracts through a power loan of Eur 115 million ($130 million). Iran's Ghods NirooConsulting Engineers is the consultant (MEED 24:10:03).

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