The Electricity Ministry is reviewing offers from four global and regional energy firms for USD 400 mn-worth of new solar power projects with a total generation capacity of 400 MW, ministry sources reveal to Al Borsa. The companies offered tariffs ranging from USD 0.031-0.038 per kWh, the sources add, explaining that the ministry will not be signing anymore contracts under the feed-in tariff program, but setting the price per kWh on a case-by-case basis. The Egyptian Electricity Transmission Company had issued global tenders for solar power projects in Aswan and West Nile in December and reportedly received offers from 20 interested companies.
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