Egypt receives bids for 340MW

EGYPT: Vestas, Gamesa and Acciona have submitted bids in two tenders to engineer, procure and construct two wind power projects on Egypt's Gulf of El Zayt for the government's New and Renewable Energy Authority (NREA).

by Jan Dodd 3 September 2014

Gamesa G52's in Egypt

The two projects consist of 220MW being built with Japanese funding and 120MW with assistance from Spain. The NREA said bids are undergoing technical evaluation.

Earlier this summer, Egypt's El Sewedy Electric bid successfully in an auction to build, own and operate six wind farms  totalling 600MW on the Gulf of Suez for a 25-year term.

The company is negotiating the usufruct agreement with NREA and terms with the Egyptian Electricity Transmission Company (EETC). The plant must be completed five years after signing the usufruct agreement.

Egypt, desperately short of power, is targeting 7.2GW of operating wind capacity by 2020.