Five conglomerates bidding on $8 bn Hamrawein clean coal plant today

ibau-hamburgFive conglomerates are expected to bid on the USD 8 billion Hamrawein clean coal power plant tender, which the Electricity Ministry will issue today following multiple delays, Al Mal reports. Expected bids will be from Shanghai Electric and Dongfang Electric Corporation, in addition to consortiums formed between Harbin and General Electric; Mitsubishi and Hitachi; and Apec and Orascom Construction, a ministry official tells the newspaper. The source also says there is no intention to further push the window for receiving offers for the plant, which will take seven years to complete.

(Source: Enterprise.press)

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