The European Investment Bank (EIB) in late March agreed to extend a loan worth Eur 160 million ($194 million) to Egyptian Electricity Holding Company (EEHC) for the 750-MW Nuberiya 3 combined-cycle power project. Several other power projects including the integrated combined-cycle power plant at Kureimat are out to tender at EEHC.

Bids to supply and install two gas turbines for the EIB-funded Nuberiya 3 power station are due to be submitted by 30 April, although industry sources say an extension is expected to be granted to give bidders more time. The US? General Electric (GE), Germany’s Siemens and Japan?s Mitsubishi Heavy Industries (MHI) are expected to bid for the contract. Tender documents for the project?s single 250-MW steam turbine and for the heat recovery steam generators (HRSGs), as well as for the civil works package, are due to be issued in May. Project completion is due in 2009/10.

Bids are due on 9 April for the supply and installation of two gas turbines on the 750-MW Kureimat 3 power station. The African Development Bank (ADB) has agreed to provide a $250 million loan for the project. GE, Siemens and MHI are expected to submit bids. Project completion is due in 2008/09.

On the 650-MW El-Tebbine steam power plant, which is scheduled to come on stream in 2009/10, bids are due on 16 April. The project is being financed from an already approved $260 million World Bank loan. The remaining packages on both projects are expected go to tender in May.

Bids to provide engineering services on the 650-MW Cairo West steam power plant are to be submitted at the end of April, which will be followed by the release of tender documents for the steam turbines and other packages later in the year. The project, which is due to be completed in 2010/11, will be part-financed by Kuwait-based Arab Fund for Economic & Social Development and the Kuwait Fund for Arab & Economic Development, which will provide $100 million each. Bidders for both steam power plants are expected to include France?s Alstom and Japan?s Hitachi Corporation.

Evaluation of prequalification documents submitted by at least seven groups of companies in late March to EEHC is ongoing for the integrated solar combined-cycle (ISCC) Kureimat power station. Companies seeking prequalification include: Abengoa of Spain; Turkey?s Gama Energy; Italy?s Ansaldo Energia; Spain?s Iberdrola, with Japan?s Mitsui & Company; Kawasaki Heavy Industries and Tomen Corporation, both of Japan; MAN Ferrostaal of Germany; South Korea?s Samsung Engineering & Construction, with Japan?s Sumitomo Corporation; and Germany?s Siemens. Tender documents are planned to be released by mid-year.

The 150-MW project is being financed by a $100 million loan from Japan Bank for International Co-operation (JBIC) for the combined-cycle element and by a $50 million loan from the World Bank.

EEHC also plans to tender the El-Atfe and Sidi Krier combined -cycle power plants, which will each have capacity of 750 MW, later this year.

The consultant on all the projects is the local/US Power Generation Engineering & Services Company (PGESCo).

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