The New and Renewable Energy Authority plans to issue an international tender next month for the construction of a 50 MW solar power plant in Aswan’s Benban park, Al Mal reports, citing an unnamed Electricity Ministry source. The EGP 1.4 bn plant will be financed by the Kuwait Fund for Arab Economic Development. Construction of the facility should be complete by 2023, according to the source.
More from Enterprise
Your points are currency, treat them like one
Most people treat credit card points like a pleasant surprise:…
How should young people think about money and budgeting?
Your income and your time are your biggest assets in…
Why the EGX30 futures market hasn’t taken off yet
EGX30 index futures are averaging a handful of trades a…
Blnk raises USD 37.1 mn to scale its consumer finance operations
The local fintech reached profitability last year and will use…