The lowest bidder in Egypt’s tender for the 200 MW Kom Ombo solar project was not Spanish developer Fotowatio, as pv magazine reported yesterday in reference to a statement from the company, but Saudi energy group ACWA.
In a statement to pv magazine, ACWA said: “Hassan Amin, the regional manager of ACWA Power Egypt, declared that ACWA Power offered a price of $0.02799 at the very beginning, then it submitted a discount letter to reach the lowest price – $0.02752.”
The Egyptian Electricity Transmission Company is reviewing both bids as well as four others. The next lowest offer was proposed by Norway’s Scatec Solar, at $0.03045 per kWh. The three other consortia – EDF-Marubeni-El Sewedy; Engie-Orascom; and Actis-Enerpal – offered $0.0315, $0.034 and $0.035 per kWh, respectively.
The 200 MW project is being procured with the support of the European Bank for Reconstruction and Development and will be one of Egypt’s largest solar parks, and based near the Benban solar complex.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
2 comments
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.