ExxonMobil's Nigerian asset sale nears approval    Argentina's GDP to contract by 3.3% in '24, grow 2.7% in '25: OECD    Chubb prepares $350M payout for state of Maryland over bridge collapse    Turkey's GDP growth to decelerate in next 2 years – OECD    EU pledges €7.4bn to back Egypt's green economy initiatives    Yen surges against dollar on intervention rumours    $17.7bn drop in banking sector's net foreign assets deficit during March 2024: CBE    Norway's Scatec explores 5 new renewable energy projects in Egypt    Egypt, France emphasize ceasefire in Gaza, two-state solution    Microsoft plans to build data centre in Thailand    Japanese Ambassador presents Certificate of Appreciation to renowned Opera singer Reda El-Wakil    WFP, EU collaborate to empower refugees, host communities in Egypt    Health Minister, Johnson & Johnson explore collaborative opportunities at Qatar Goals 2024    Egypt facilitates ceasefire talks between Hamas, Israel    Al-Sisi, Emir of Kuwait discuss bilateral ties, Gaza takes centre stage    AstraZeneca, Ministry of Health launch early detection and treatment campaign against liver cancer    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



33 companies present their bids for Kom Ombo 20 MW solar plant
The list includes Orascom, Infinity, and Shanghai Electric
Published in Daily News Egypt on 18 - 12 - 2016

Thirty-three local and international companies presented their bids for the tender launched by the New and Renewable Energy Authority (NREA) to establish a 20 MW solar plant in Kom Ombo with the Agence Française de Développement (AFD).
Daily News Egypt received the list of the companies, which included the Egyptian-Chinese Alliance, Tebian Electric Apparatus (TBEA), as well as Sterling and Wilson, Générale du Solaire, Complete Energy Solutions, Orascom Construction, Nasr Solar, and Infinity Solar Systems.
Moreover, the list also included Isolux Solar, Dongfang Electric, and Shanghai Electric Group.
Sources at the ministry said that TBEA presented two offers, where one will be excluded and only one will be studied.
The sources added that all bids will be studied to shortlist a few companies to choose the best technical and financial offers, noting that the tender stipulated companies to have conducted €45m worth of construction investments before.
In addition, the sources said that the government contracted with DNV KEMA and Engineering Research & Consulting Company to prepare technical and economic feasibility studies and its impact on communities and the environment.
The AFD will provide a loan of €40m to finance the establishment of a 20 MW solar power plant in Kom Ombo in Aswan.
The funding includes the rehabilitation of infrastructure and a contract for the operation and maintenance of the plant for three years, as well as a training programme.
This plant will add approximately 40 GWh to the national electricity grid, in addition to reducing the carbon resulting from the generation of electricity, equivalent to 15,000 tonnes of carbon dioxide annually.
The project consists of photovoltaic cells that convert solar light into direct current, as well as inverters that convert direct current into alternating current.


Clic here to read the story from its source.