El Sewedy Cables, as part of a consortium, is among the contenders. Orascom Construction Industries, Enel Green Power SpA, and Electricite de France, are also all in the running, as per Bloomberg.
The project is part of the government’s plan to harvest 20% of its energy from alternative sources. Wind is expected to take the lead among the renewable sources, filling 12% of Egypt’s energy needs.
The sale of the rights for this wind farm is for a build-operate-own operation basis. As part of its licensing agreement, it will sell the electricity to the Egyptian Electricity Transmission Company.
Egypt’s Minister of Electricity Hassan Younes said that 72 companies had expressed interest.
