Egypt’s National Renewable Energy Association (NREA) is still finalizing the details on a tender for 250MW of wind power capacity in the Gulf of Suez area, first opened to bidders in 2010. The agency says the wind farm will be developed as a build, own and operate project, with first electricity due in 2016.
The bid deadline has been put back several times already, most recently to mid-March, although the tender was opened in early 2013. 34 companies and consortia prequalified, with 10 being selected to bid. The Egyptian government has also held talks with the World Bank over finance for the project. (CONTINUED - 280 WORDS)