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Monday, 14 January 2019

Egypt vets six offers from companies to develop Kom Ombo solar plant

The Egyptian Electricity Transmission Company (EETC) is vetting six offers from energy companies to develop a 200 MW solar power plant in Kom Ombo in Upper Egypt, company sources said yesterday. ACWA Power Egypt, Scatec Solar and India’s FRV are competing for the project, alongside three consortiums — one comprised of Elsewedy Electric, IDF and Japan's Marubeni, one led by Actis, and another led by Orascom Construction. EETC will announce the winning bid in two months’ time. We had noted last August that ACWA offered the lowest feed-in tariff rate at EGP 2.73 per kWh.

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