- EETC is reported to have cancelled the tender for 200 MW solar PV capacity
- It cites surplus electricity and lower demand in the domestic market for the reported decision
- The company is likely to forge ahead with its planned 600 MW PV tender wherein it is being supported by the IFC
The Egyptian Electricity Transmission Company (EETC) is reported to have changed its mind about a 200 MW solar PV plant tender in the West Nile Region and has informed 13 pre-qualifying companies of the decision to cancel the tender. A report by the Daily News Egypt cited its sources to say the main reason behind the cancellation decision is due to the country having achieved ‘surplus electricity’ thanks to lower demand in the local market.
Pre-qualifiers for the said 200 MW project include ACWA Power, Alcazar Energy, Masdar, First Solar, Orascom Construction, Lekela Power, Tebia among others. India consultancy Synergy was hired by EETC to provide its services for the project.
The EETC, however, is expected to go ahead with the other 600 MW PV capacity it has tendered in December 2017 in the West Nile region in cooperation with the International Finance Corporation (IFC) (see 600 MW PV Tender In Egypt).