It all sounds reasonable to me. If you think it's unreasonable, get another price.
Bigger cables can be a total PITA to connect, particularly in residential installs where everything is so small. I can see it taking an hour or more if it doesn't go well
I suspect the electrician isn't going to install a plugin MCB. More likely a real MCB in a surface mount box. Depending on the situation, 1.5 hours doesn't sound unreasonable.
Then there's testing and paperwork, time spent traveling and getting the parts, etc.
Replacing a socket is not the same as replacing a high current isolator. If you screw it up: -There is a high chance you destroy the switch. -There is a medium chance you also destroy the in wall wiring connected to the switch and have to get it replaced. -There is a small chance that the destroyed wall wiring also significantly damages other wiring and that needs replacing too. -There is a very slight chance that you burn your house down.
Note that rewiring 2 story homes often requires the removal of wall linings.
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