Egyptian Electricity Transmission Company Floats 500 MW West Nile Solar PV Project Under BOO Model

The Egyptian Electricity Transmission Company (EETC) has announced a major renewable energy tender for a 500 MW solar photovoltaic (PV) power project in the West Nile area. The project is part of Egypt’s ongoing efforts to diversify its energy mix and increase the share of renewable energy in the national grid. With a planned capacity of 500 MW, the project is expected to play an important role in strengthening the country’s clean energy infrastructure.

The project will be developed under the Build-Own-Operate (BOO) model. Under this structure, the selected developer or developer consortium will be responsible for the full lifecycle of the solar plant. This includes design, financing, construction, ownership, and long-term operation. EETC will serve as the off-taker and will purchase the electricity generated by the project through a long-term Power Purchase Agreement (PPA). The BOO framework is designed to attract private investment while ensuring a stable supply of clean power to the grid.

As a government-backed initiative, the project will be self-financed by the selected developers. Companies participating in the bidding process must demonstrate strong technical expertise and solid financial capacity to handle a project of this scale. The tender is open to both local and international companies that meet the qualification requirements.

Interested bidders must carefully follow all technical and administrative requirements mentioned in the official tender documents. Any deviation from the guidelines may result in disqualification. The reference number for the tender is 135488180, and all related documents and clarifications are available through EETC’s official procurement channels.

The deadline for submission of bids is May 11, 2026. Developers are advised to prepare their proposals well in advance to ensure full compliance with the tender conditions. While the exact Earnest Money Deposit (EMD) amount is mentioned in the detailed tender documents, large-scale projects of this size usually require a significant bid bond to confirm the seriousness of the bidder.

In addition, the successful bidder will need to provide a Performance Bank Guarantee (PBG) after the contract award. This guarantee generally represents a percentage of the total project value and ensures that the developer completes construction and operational commitments as agreed.

The West Nile 500 MW solar project highlights Egypt’s strong commitment to expanding renewable energy and reducing carbon emissions, offering a significant opportunity for global renewable energy companies.