Six companies and consortia have submitted bids to build and operate a 200 MW solar photovoltaic power plant in Egypt.
Fotowatio Renewable Ventures, a subsidiary of ABG Group, bid to sell the power produced by the Kom Ombo plant, to be purchased by the Egyptian Electricity Transmission Company (EETC) for 25 years, for 2.791 cents per kWh. Scatec Solar bid 3.0 cents per kWh.
Three consortia bid for the project. El Sewedy, EDF and Marubeni proposed a PPA price of 3.15 cents per kWh, Actis Energy and Enerpal bid 3.5 cents per kWh, and Orascom and ENGIE proposed to sell the plant's output for 3.4 cents per kWh.
The lowest bid was submitted by ACWA Power, who revised its initial bid of 2.799 to 2.752 per kWh.
Country updates
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July 20, 2018
Consortium agrees to develop largest renewable project in Egypt
ENGIE, Toyota Tsusho Corporation/Eurus Energy Holdings Corporation and Orascom Construction have jointly signed an agreement to commence development work on a new 500 MW wind farm in Ras Gha...
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June 21, 2018
Egyptian Electricity Holding Company has postponed the due date for bids for the project by another month, following a previous delay announced in April 2018
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April 12, 2018
The bid due date for the project has been put back by two months to 1 July 2018
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March 21, 2018
Enerray and Desert Technologies has plans to install the solar parks
Enerray and Desert Technologies has plans to install the solar parks. Construction is slated to begin in April
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March 20, 2018
ACCIONA Energía and Enara have begun construction of the solar farms
