Egypt will keep pushing for Gaza peace, aid: PM    EGX ends week in green on Wednesday, July 23    Kibing Group plans $685m solar glass plant in Egypt's Sokhna – SCZONE chair    Remittances from Egyptians abroad surge 70% YoY in July–May: CBE    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    Egypt's current account gap narrows, but overall BoP records deficit    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt, India discuss expanding industrial, investment partnerships    World Bank proposes Egypt join new global health initiative    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Egypt welcomes 25-nation statement urging end to Gaza war    Egypt, Senegal sign pharma MoU to unify regulatory standards    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    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.



State Council reviews management services contracts for solar energy projects in Aswan
EETC to sign with Hassan Allam within two weeks
Published in Daily News Egypt on 18 - 01 - 2018

The State Council is reviewing the contract for the management of services and facilities for solar energy projects in Benban, Aswan. The contract is expected to be signed with Hassan Allam Holding in two weeks.
According to sources at the Ministry of Electricity, Hassan Allam won the contract for management services for feed-in tariff projects after competing with a number of local and international companies in the tender put forward by investors in these projects.
The sources explained that Hassan Allam did not delay in carrying out the contracted work, noting that the company will not be able to carry out any business until after the signing of the contracts with the Egyptian Electricity Transmission Company (EETC).
The sources said that Hassan Allam would set rules and regulate all project requirements, including water, sanitation, fences, recruitment, employment, housing, infrastructure, traffic, and community services.
The solar companies, which have land to set up projects in Benban, formed a committee of seven companies including Elsewedy Electric, Scatec Solar, ACWA Power, and Infinity Solar, among others, to represent investors of the solar energy projects in the region until the announcement of the Association of Investors in Benban.
Sources from the committee said that the cost-sharing agreement for the solar energy projects included setting an estimate of $4,500 per MW as the dues of the company that will manage the projects in Benban. The New and Renewable Energy Authority (NREA) and the EETC will receive 8% of this amount for supervision and as fees for the appointment of an external control expert.
They mentioned that the NREA was represented in the committee to ensure credibility and transparency, especially as the cost-sharing agreement was amended and the cost of a project management coordinator was added, as well as adjusting the cost following the floatation of the pound.
The number of companies participating in the first and second phases of the feed-in tariff projects is about 32 companies aiming to implement projects to produce solar power with a capacity of 1,500 MW through solar plants with capacities ranging from 20-50 MW.


Clic here to read the story from its source.