EETC to announce next month winning companies for tender to develop 600 MW solar plant in West Nile Delta

The Egyptian Electricity Transmission Company will reportedly announce next month the names of the companies who qualified for the tender to develop a 600 MW solar plant in the West Nile Delta, according to unnamed company officials. The contract for the project will likely be awarded to more than one company, all with a proven track record of similar projects, under a 25-year usufruct agreement and a BOO framework. Bidders include GCL New Energy, a consortium comprising Masdar and Jinko Solar, another comprised of KarmSolar, First Solar and Light Source, a third including Marubeni, EDF Energy and Elsewedy Electric.