Egyptian Electricity Holding Company

Chinese-led consortium wins coal-fired power plant after presenting lower price during bidding process Chinese-led consortium in partnership with an egyptian person has won the contract. Meanwhile the contract is for the construction of a new power plant that will help grow the nation power sector. The contractors won the bid after presenting the lowest price on how to complete the project. According to report, the bid offered was $4.4 billion which is lower than the original $5.8 billion bid…