Egypt Delayed Bids on Renewable Projects

Egypt Delayed Bids on Renewable Projects

Sources at the Egyptian Ministry of Electricity and Renewable Energy stated that the ministry delayed receiving three bids for a tender meant to build wind farms and solar power plants in Aswan and west of the Nile with total capacity 650MW, reported Daily News Egypt.

A number of 21 Arab and Egyptian firms purchased the executive regulations documents and were qualified for the tender, as they met the regulations announced by the Electricity Ministry. The regulation included that the applying company should have previous experience in executing of three wind energy plants with capacities no less than 50MW.

Sources at the ministry said that receiving a tender offer to establish a wind energy plant was postponed until August. The plant is located west of the Nile with a 25 MW capacity, with the scheme of Build-Own-Operate (BOO). Moreover, the ministry delayed receiving offers for the 200MW solar power plant west of the Nile until July 2017. This delay came as the 41 companies that purchased the executive regulations didn’t take any measures or submitted inquiries about the tender. Furthermore, the companies have similar renewable energy projects not completed until now.

The Egyptian Electricity Transmission Company (EETC) will take measurements that are required for the project west of the Nile. The project will be processed under the BOO (build, own, operate) system. Thus, EETC will purchase the energy produced from the plant for 25 years and transmit it to other electricity distribution grids.

Sarah Samir 2536 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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