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Egypt

Egypt

Egypt delays 250MW Gulf of Suez tender

EGYPT: The deadline for bids for a 250MW project being tendered in the Gulf of Suez under a build, own and operate contract has been delayed again to 18 March.

The 250MW tender is for projects in the Gulf of Suez
The 250MW tender is for projects in the Gulf of Suez

After 10 consortia qualified in 2010, the main tender was issued early 2013, with an initial deadline of 30 January 2014. It was then extended to 18 November before being pushed back again..

At the same time, further details have emerged about the 36 companies selected to build plant of 20-50MW in the first round of a tender for independent power producers under the new feed-in tariff (FIT).

Selected companies include Orascom, Elsewedy, ACWA Power, GDF Suez, Acciona, Enel, Terna Energy, Sino Hydro, China International Water and Electric Corporation and Tata Power.

Egypt's New and Renewable Energy Authority said the government will inform the developers of the exact capacities and the next steps to be taken later this week.

The government will issue a second call for proposals for 250MW under the FIT program to reach the target of 2GW.

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