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EEHC – El Shabab Power Plant Conversion 500 MW – Egypt - Project Profile

EEHC – El Shabab Power Plant Conversion 500 MW – Egypt - Project Profile

Synopsis

"EEHC – El Shabab Power Plant Conversion 500 MW – Egypt - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "EEHC – El Shabab Power Plant Conversion 500 MW – Egypt - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Egyptian Electric Holding Company (EEHC) is undertaking the construction of a combined-cycle power plant in Egypt.

The project involves the conversion of a 1,000MW open-cycle power plant to 1,500MW combined-cycle gas plant. It will include the construction of a 500MW combined-cycle power plant, by the addition of two 250MW steam turbines.

The project will also include the construction of a powerhouse and a substation, the installation of turbines, steam generators and transformers, and the laying of transmission lines.

In September 2013, Power Generation Engineering & Service Co. (PGESCo) was appointed as a lead consultant. PGESCo is responsible for preparation of all tender documents including commercial and legal terms following the financing institutes and Owner procurement guidelines, technical specifications, project management, and construction management. PGESCo is also responsible for start-up and commissioning management including initial operation support.

On February 9, 2014, EEHC secured US$277 million funding from the European Investment Bank (EIB). The project will be co-financed by European Bank for Reconstruction and Development (EBRD) and Saudi Fund for Development (SFD).

In May 2014, the government of Egypt approved a loan agreement, which was signed between the Ministry of Electricity (MoE) and EBRD to finance the project.

On December 18, 2014, EEHC issued a request for proposal (RFP) for the EPC contractor with submission deadline as March 1, 2015. However, the submission deadline was extended to April 2, 2015.

On April 5, 2015, East Delta Electricity Production Company (EDEPCO), a subsidiary of EECH, secured US$98.3 million loan from the syndicate of three major banks which include: National Bank of Egypt (NBE), Commercial International Bank (CIB) and QNB AlAhly.

On June 25, 2015, Ansaldo Energia was awarded a contract for supply and commissioning of steam turbines. The scope of works also includes design and engineering works of steam turbines and all required electrical, instrumentation and civil works for the project. The delivery/construction period is approximately 1.7 years after the contract execution date.

Archirodon Construction was appointed as the civil contractor.

In June 2015, construction works commenced. In August 2015, Misr Insurance Company was appointed as an insurance company to ensure the power plant.

On August 24, 2015, Techint E&C, EEHC and EDEPC signed a contract for the engineering, procurement, installation, commissioning of the mechanical balance of plant (BOP) for a power station.

Construction works are underway.

Scope

The project involves the conversion of a 1,000MW open-cycle power plant to 1,500MW combined-cycle gas plant at El Shabab in Ismailia City, Egypt.

The US$577 million project includes the following:

1. Construction of a powerhouse

2. Construction of a substation

3. Construction of a processing unit

4. Installation of turbines

5. Installation of generators and transformers

6. Laying of transmission linesReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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