Egypt’s NREA requests three-month extension to examine 250 MW wind plant bids

The New and Renewable Energy Authority (NREA) has asked for a three-month extension to the expiration date of bids it received in a tender to build a 250 MW wind energy plant in the Gulf of Suez’s Ras Ghareb, sources told the press. The NREA asked the three bidding companies — Siemens Gamesa, Germany’s Senvion, and Denmark’s Vestas — to allow the authority more time to examine their offers. The project is expected to cost EUR 260 mn and will be funded by Germany's KfW bank, the European Investment Bank, the French Agency for Development, and the EU.