Postponement is the third so far, following two earlier delays due to changes in the line course because of Neom project in Saudi Arabia
The Egyptian Electricity Transmission Company (EETC) is set to further delay receiving offers on a tender that will see the construction of an electricity interconnection line with Saudi Arabia, due to the ongoing coronavirus COVID-19 outbreak, it has been revealed.
According to a report by Daily News Egypt, this is the third postponement so far, as the offers had been received before from companies, but were cancelled at the time due to changes in the line course to implement the Neom project in Saudi Arabia.
The report added that both technical and financial offers are expected from companies within the next two months. The delay is expected to last up to 40 days, due to the ongoing global crisis.
A total of seven companies – El Sewedy, State Grid, Kalpataru, Hyundai, NCC, L&T and KEC – had previously been invited by the EETC to participate in the bidding process. The list is the same as those who are participated in the previously cancelled tender, the report said.
EETC Head Sabah Mashali said a consulting company has been chosen to carry out the marine survey of the cables’ track for the electrical interconnection project between Egypt and Saudi Arabia, after modifying it to take into account the Kingdom’s massive Neom project.
The total value of electrical interconnection investments between Egypt and Saudi Arabia stands at $1.6 billion. The share on the Saudi side is $1 billion, with each country bearing the value of the work done on its land, he added.