Middle East Economic Survey
VOL. LIII
No 27
5-Jul-2010
EGYPT
Egypt To Launch Wind Farm Bidding Round
Egypt is expected to shortly launch a tender for the development of a 1gw offshore wind farm in the Gulf of Suez, according to an energy ministry statement. Private companies will bid to construct the facility on a build-own-operate (BOO) basis, Minister of Electricity and Energy Hassan Younis said on 27 June. The initiative is a major step for Egypt towards meeting its target of installing 7.2gw...
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