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Hyundai E&C submits lowest bid for Saudi section of link with Egypt [free access]

September 17, 2021

As per news reports, South Korea's Hyundai Engineering and Construction Company Limited (Hyundai E&C) has emerged as the lowest bidder for constructing the Saudi line section consisting of 900-km-long overhead transmission line (OHTL), associated with the Saudi Arabia–Egypt interconnector.


The proposed USD1.6 billion Saudi Arabia–Egypt link involves the construction of a 500 kV multi-terminal high voltage direct current (HVDC) line from Badr in Egypt to El-Madinah El Munawara via Tabuk in Saudi Arabia, along with associated converter stations and switching stations in both countries. Of the total overhead line length, 900 km will be laid in Saudi Arabia and the remaining 480 km in Egypt. A 20-km submarine cable crossing the Gulf of Aqaba will also be laid to link the two countries.


The OHTL contract is split into three lots – 227.79 km in Medina region, 336.04 km in Tabuk region and 335.96 km in Gulf of Aqaba. 


The other bidders included Saudi Arabian National Contracting Company (NCC), Saudi Services for Electro Mechanic Works, Aetcon, Al-Sharif & KEC Group consortium, and Alfanar; UAE’s National Petroleum Construction Company; and Indian Larsen & Toubro (L&T).