Electricity Ministry Negotiates Benban Projects

Electricity Ministry Negotiates Benban Projects

Egypt’s Ministry of Electricity and Renewable Energy is currently negotiating, with four consulting firms, the construction reports of four energy substations in Benban, Aswan, which will each receive solar generated power, according to Esi Africa.

The source added that XD-EGEMAC, the implementer of the four substations, has completed all the civil works needed to transfer energy produced from solar plants in Benban. It will launch 12 substations of 175 MVA and will install nine units in Benban stations 1, 2, and 4 in addition to 12 units in station 3.

Daily News Egypt wrote that the projects’ investors have already paid the first and second installments of the cost-sharing agreement and the ministry has decided to postpone the third installment for 30 days until the consulting firms complete the contract. The third installment amounting to $10m was due in July 2016. The Egyptian Electricity Transmission Company (EETC) insisted end June on collecting the payment on the scheduled date despite financial issues that surrounded the projects when foreign funding withdrew.

Cost-sharing is one of the five agreements that eligible investors signed for the establishment of new and renewable energy feed-in tariff projects.


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