Egypt to build world’s biggest, most advanced clean-coal power plant
As ports go, even sailors could struggle to find Hamrawein on the map. This town on the Red Sea, 600 kilometres south-east of Cairo is dwarfed by other harbours on the route to Suez, but all that will change over the next six years as Egypt builds the world’s largest clean-coal plant. A Chinese conglomerate […]
Egypt, China sign deals for Hamrawein Plant, Oil Refinery, Hydroelectric Plant
Egypt, China sign cooperation agreements worth billions: President Abdel Fattah El Sisi and Chinese Premier Xi Jinping witnessed the signing yesterday of cooperation agreements ahead of the China-Africa Cooperation Forum in Beijing, according to an Ittihadiya statement. While the presidency confirmed no detail of the pacts, information has filtered into the local press, with MENA […]
Chinese consortium wins contract for Hamrawein coal-fired plant
The Chinese alliance offered the lowest price of $4.4 billion to execute the project. State-run Egyptian Electricity Holding Company announced that a consortium of China’s Shanghai Electric and Dongfang Electric Cooperation, and Egypt’s Hassan Allam Construction has officially won the establishment of a 6,000-megawatt coal-fired power plant in Hamrawein, the Red Sea. The Chinese alliance […]
Five conglomerates bidding on $8 bn Hamrawein clean coal plant today
Five 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 […]
Orascom Construction seeks EGP 13 billion financing to bid for Hamrawein clean coal power plant
Orascom Construction (OC) is in talks with local banks to secure EGP 13 billion in funding to back its bid for a contract to build a 2-3.3 GW “clean coal” power plant in Hamrawein under the EPC+Finance system, unnamed sources told Al Mal. The company reportedly solicited offers from NBE, Banque Misr, Banque du Caire, […]