Elsewedy Electric, Madkour Group compete on Sheikh Zayed monorail’s transformers station bid
Updated 8/24/2021 10:50:45 AM
ArabFinance: Elsewedy Electric (SWDY) and Madkour Group have submitted their financial offers for the establishment of a medium-voltage transformers station at Sheikh Zayed’s monorail, official sources at the Ministry of Electricity told Al Mal Newspaper.
It is worth noting that the bid for setting up the transformers station has been launched by the Egyptian Electricity Transmission Co. (EETC) last week.
The station will provide the required electrical energy for the Sheikh Zayed-6th of October monorail project, the sources revealed.
The two sealed envelopes of the financial offers will be reviewed by the Ministry of Electricity, they said.
The transformers station will be built within eight to 10 months on a turnkey basis, with a capacity of 220 kilovolts, the sources highlighted.
Negotiations over the two financial offers’ pricing and the contracts’ signing are expected to be complete in September.
In another context, EETC is set to open sealed envelopes of the bid for supplying and installing 66-kilovolt cables to connect the offered transformers station in Sheikh Zayed with the national network that serves Sheikh Zayed monorail on Tuesday.
Eight local and foreign companies are competing for this tender, including Elsewedy Electric’s Egytech Cables, Giza Power Industry, Electro Cable Egypt, and Giza Cables Industries, in addition to, a consortium comprised Energya Power and Telecom Solution, Energya Cables, and Elsewedy Electric.
