The Egyptian Electricity Transmission Company (EETC) issued a tender for a control center in Aswan’s USD 2.8 bn Benban solar park, according to company sources. The new center will manage the solar power plants under phase two of the feed-in tariff program, monitor production and progress on the development. ABB, Schneider, Siemens, General Electric, and NR Energy have all expressed interest and the EETC will begin receiving their financial offers next month and announce the winning bidder in August, the sources add. The tender comes as developers complain of delays in infrastructure development at the site.
More from Enterprise
Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies
The CBE will by extension see its oversight of these…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Egypt looks to restart privatization push with five new EGX filings
Egypt is looking to temporarily list 20 state-owned companies this…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…