The Egyptian Electricity Transmission Company (EETC) has cancelled its solar photovoltaic power plant tender of 200 MW in west Nile .
EETC has already informed the 13 companies, which had qualified to bid for the project, of its new decision, sources told Daily News Egypt .
Orascom Construction, Infinity Energy, Acwa Power, Alcazar Energy, Lekela Power, Tebia, Masdar, First Solar, amongst others are eligible companies for this project
The EETC had earlier contracted with India’s Synergy to manage the consultancy work for the project.
According to the sources, the EETC has cancelled the tender because it has achieved surplus electricity due to lower demand in the local market along with other projects in progress.
The company will not cancel the other 600 MW projects in the west Nile area, which will be set up in cooperation with the International Finance Corporation (IFC).
The list of potential projects will be reviewed in the coming period as some will be prioritised while others may be cancelled or postponed, sources added.
By 2022 the Ministry of Electricity of Egypt aims to produce 20% of its energy from renewable sources and 42% by 2035.
The total installed capacity of the renewable energy sources in the country is 5.5 GW which includes 2.8 GW from hydroelectric plants, 2.7 GW from wind and solar plants and 1.4 GW from Benban Solar Complex.