{"id":567618,"date":"2020-12-01T03:59:35","date_gmt":"2020-12-01T03:59:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/01\/also-on-our-radar-on-1-december-2020\/"},"modified":"2020-12-01T03:59:35","modified_gmt":"2020-12-01T03:59:35","slug":"also-on-our-radar-on-1-december-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/01\/also-on-our-radar-on-1-december-2020\/","title":{"rendered":"Also on our radar on 1 December 2020"},"content":{"rendered":"<p><strong>Who said that <\/strong><strong><a href=\"https:\/\/enterprise.press\/hardhats\/covid-19-impacting-egypts-renewable-energy-sector-part-3-overcapacity-problem\/\">Egypt\u2019s renewables sector is (temporarily) on hold?<\/a><\/strong> Al Nowais is pushing ahead with its plans to build <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/29\/al-nowais-in-negotiations-with-siemens-gamesa-to-build-a-500-mw-wind-plant-9223\/\">a 500-MW wind plant<\/a> in Ras Ghareb and hopes award a construction contract in the first half of next year, <a href=\"https:\/\/bit.ly\/3qcpHyK\">the local press<\/a> reports. Sources said that the Emirati firm is in talks with Siemens-Gamesa, Vestas and a third international company for the project, which it hopes to start bringing online in the second half of 2023.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li>A consortium of <strong>Elsewedy Electric<\/strong> and <strong>Toyota Tsusho<\/strong> has signed a EGP 1.46 bn <a href=\"https:\/\/ent.news\/2020\/11\/Elsewedy-Electric-30-11-2020.pdf\">contract (pdf)<\/a> with the North Cairo Electricity Distribution Company to supply and install smart electricity meters.<\/li>\n<li><strong>Technip<\/strong> has <a href=\"https:\/\/www.nasdaq.com\/articles\/technipfmc-starts-work-on-new-hydrocracking-complex-in-egypt-for-anopc-2020-11-30\">broken ground<\/a> on the new USD 1 bn <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/65a80b2e-f4b9-4506-9eb8-d3493d05e295\">hydrocracking complex<\/a> it is building for the Assiut Oil Refining Company.<\/li>\n<li><strong>Orascom Development Egypt<\/strong> <a href=\"https:\/\/www.zawya.com\/mena\/en\/press-releases\/story\/Makadi_Heights_and_Telecom_Egypt_WE_sign_a_cooperation_agreement_to_provide_integrated_communication_services_in_the_town-ZAWYA20201129104511\/\">signed<\/a> with <strong>Telecom Egypt<\/strong> to develop Makadi Heights\u2019 IT and communications infrastructure.<\/li>\n<li>The <strong>National Telecommunications Regulatory Authority<\/strong> has launched a <a href=\"https:\/\/digital.tra.gov.eg\/\">portal<\/a> for licensing and import services, covering permits, licenses and customs clearance procedures.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Who said that Egypt\u2019s renewables sector is (temporarily) on hold? Al Nowais is pushing ahead with its plans to build a 500-MW wind plant in Ras Ghareb and hopes award a construction contract in the first half of next year, the local press reports. Sources said that the Emirati firm is in talks with Siemens-Gamesa, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[903,111,3125,155,770,152,72,7111,4269,363,705,151,4270,212,2263],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567618","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-al-nowais","tag-also-on-our-radar","tag-assiut-oil-refining-company","tag-digitization","tag-electricity-ministry","tag-elsewedy-electric","tag-enterpriseam","tag-infrastructure","tag-makadi-heights","tag-orascom-construction","tag-petrochemicals","tag-renewables","tag-technip","tag-telecom-egypt","tag-toyota-tsusho","wpautop","entry"],"acf":{"mongo_id":"ff88f63d-33f9-43c0-9e61-72abb42c62f4","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[567589],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Also on our radar on 1 December 2020 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/01\/also-on-our-radar-on-1-december-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Also on our radar on 1 December 2020\" \/>\n<meta property=\"og:description\" content=\"Who said that Egypt\u2019s renewables sector is (temporarily) on hold? 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The International Finance Corporation (IFC) could provide USD 83 mn to an Emirati-Japanese consortium to part-fund their planned 500 MW wind farm in Ras Ghareb, according to the lender\u2019s website. The financing is pending approval and would consist of a USD 75 mn\u2026","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/106.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567747,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/also-on-our-radar-on-6-december-2020\/","url_meta":{"origin":567618,"position":1},"title":"Also on our radar on 6 December 2020","author":"enterpriseam admin","date":"6 December 2020","format":false,"excerpt":"Still more metro + railway news: Bombardier is set to begin manufacturing in 1Q2021 the railcars for the two planned monorails that will link Sixth of October City to Giza and Nasr City to the new capital, under a USD 4.5 bn contract signed last year. The manufacturing phase was\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":606018,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/10\/more-than-6-consortiums-interested-in-north-coast-solar-tender-plus-local-wheat-yalla-is-heading-to-ksa-golden-licenses-in-the-bag-for-4-projects\/","url_meta":{"origin":567618,"position":2},"title":"More than 6 consortiums interested in north coast solar tender. PLUS: Local wheat, Yalla is heading to KSA, golden licenses in the bag for 4 projects.","author":"enterpriseam admin","date":"10 September 2023","format":false,"excerpt":"Acwa Power, Scatec and Toyota are among those considering bidding for the contract, which would see the construction of five plants with a combined 250-MW capacity","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/676.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584857,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/06\/500-mw-gulf-of-suez-wind-farm-signs-financial-agreement\/","url_meta":{"origin":567618,"position":3},"title":"500-MW Gulf of Suez wind farm signs financial agreement","author":"enterpriseam admin","date":"6 April 2023","format":false,"excerpt":"The consortium behind the project reached financial close on Monday","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/278.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592165,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/al-nowais-in-negotiations-with-siemens-gamesa-to-build-a-500-mw-wind-plant\/","url_meta":{"origin":567618,"position":4},"title":"Al Nowais in negotiations with Siemens Gamesa to build a 500 MW wind plant","author":"enterpriseam admin","date":"29 December 2019","format":false,"excerpt":"UAE\u2019s Al Nowais is in negotiations with Siemens Gamesa to set up 500 MW-worth of wind plants in Ras Ghareb, according to the local press. The two sides are looking into how many plants to build and the total cost of the project. Al Nowais hopes to reach an agreement\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577126,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/make-that-28-gw\/","url_meta":{"origin":567618,"position":5},"title":"Make that 28 GW\u2026","author":"enterpriseam admin","date":"10 November 2022","format":false,"excerpt":"Another wind farm courtesy of OC: Orascom Construction\u2019s (OC) consortium with Engie and Toyota Tsusho has signed up to build a fresh 3-GW wind farm here, just days after breaking ground on their 500 MW wind project in Ras Ghareb, the EGX- and Nasdaq Dubai-listed contractor said in a statement\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/168.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=567618"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567618\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/567589"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567618"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567618"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}