The Electricity Ministry delayed plans to issue a tender due to take place this year for a 2-2.2 GW wind farm projects after failing to reach an agreement with GE, Siemens, and Vestas, sources tell Al Borsa. The disagreements were apparently over the ministry's insistence on a FiT rate of USD 0.046 per kWh, which the three companies had felt was too little. GE had offered to build a 2 GW wind farm, while Vestas was bidding to build a 2.2 GW wind farm for USD 2.2 bn. Sources added that the ministry felt less inclined to accept their offers considering that it has signed for a number of agreements for wind farms with capacities of 250 MW with other companies including from Toyota, Orascom Construction, and Engie.

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