{"id":600596,"date":"2019-02-04T03:40:50","date_gmt":"2019-02-04T03:40:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/04\/hassan-allam-taqa-complete-construction-of-egp-1-35-bn-benban-solar-plant\/"},"modified":"2019-02-04T03:40:50","modified_gmt":"2019-02-04T03:40:50","slug":"hassan-allam-taqa-complete-construction-of-egp-1-35-bn-benban-solar-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/04\/hassan-allam-taqa-complete-construction-of-egp-1-35-bn-benban-solar-plant\/","title":{"rendered":"Hassan Allam, TAQA complete construction of EGP 1.35 bn Benban solar plant"},"content":{"rendered":"

<\/a> EXCLUSIVE- Hassan Allam-TAQA consortium to start operations this month at EGP 1.35 bn Benban solar plant:<\/b> Hassan Allam Utilities and Qalaa Holdings subsidiary TAQA Arabia have completed construction on their EGP 1.35 bn, 50 MW solar power plant in Aswan\u2019s Benban complex, a source close to the matter told us. The plant is now connected to the EETC\u2019s substation and is pending performance tests before being connected to the national electricity grid under the second phase of the feed-in tariff program, our source says. Once operational, the plant will generate 154 mn KWh of energy per year and be responsible for total carbon emissions of just 65,371 tonnes per year. The project\u2019s EGP 1.35 bn price tag is backed by a financing package created in partnership with the International Finance Corporation and Asian Infrastructure Investment Bank. Hassan Allam Utilities is a subsidiary of Hassan Allam Holding and is the group\u2019s investment and asset development arm for the power, renewables and water-related sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"

EXCLUSIVE- Hassan Allam-TAQA consortium to start operations this month at EGP 1.35 bn Benban solar plant: Hassan Allam Utilities and Qalaa Holdings subsidiary TAQA Arabia have completed construction on their EGP 1.35 bn, 50 MW solar power plant in Aswan\u2019s Benban complex, a source close to the matter told us. The plant is now connected […]<\/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":[8572],"tags":[93,72,890,150,2380,615],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600596","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-energy","tag-enterpriseam","tag-hassan-allam-holding","tag-renewable-energy","tag-speed-round","tag-taqa-arabia","wpautop","entry"],"acf":{"mongo_id":"a0a176ce-ee60-476c-8f91-407b02d61f6f","is_powered_by":true,"section_story_id":"bf80f461-608c-4fc0-97dd-3ab1460771aa","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600585],"teaser":"","voice_url":""},"yoast_head":"\nHassan Allam, TAQA complete construction of EGP 1.35 bn Benban solar plant - 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\/2019\/02\/04\/hassan-allam-taqa-complete-construction-of-egp-1-35-bn-benban-solar-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hassan Allam, TAQA complete construction of EGP 1.35 bn Benban solar plant\" \/>\n<meta property=\"og:description\" content=\"EXCLUSIVE- Hassan Allam-TAQA consortium to start operations this month at EGP 1.35 bn Benban solar plant: Hassan Allam Utilities and Qalaa Holdings subsidiary TAQA Arabia have completed construction on their EGP 1.35 bn, 50 MW solar power plant in Aswan\u2019s Benban complex, a source close to the matter told us. 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That includes capital earmarked for subsidiary Egyptian Refining Company\u2019s USD 4.3 bn refinery in Mostorod, which is currently around 98% complete,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597821,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/world-bank-chief-says-benban-solar-park-shows-commitment-to-supporting-the-private-sector\/","url_meta":{"origin":600596,"position":2},"title":"World Bank chief says Benban solar park shows commitment to supporting the private sector","author":"enterpriseam admin","date":"6 May 2019","format":false,"excerpt":"World Bank boss points to Benban solar park as evidence of Egypt\u2019s support for the private sector: The 1.6 GW solar power park in Benban, which has so far drawn over USD 2 bn in investment, demonstrates Egypt\u2019s commitment to supporting the private sector, newly-appointed World Bank Group President David\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/820.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591334,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/egypts-benban-solar-part-to-be-inaugurated-in-december\/","url_meta":{"origin":600596,"position":3},"title":"Egypt\u2019s Benban solar part to be inaugurated in December","author":"enterpriseam admin","date":"3 December 2019","format":false,"excerpt":"The Benban solar energy park in Aswan is slated for inauguration this month, sources from the Electricity Ministry told the local press. 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