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Wind energy projects draw attention of Egyptian companies

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The final deadline to receive the sealed tender envelopes, which has been delayed several times, was set by the Ministry of Energy for 30 July.

Local and international companies express interest in tender for wind energy projects issued by the government. (AFP Photo)

Local and international companies express interest in tender for wind energy projects issued by the government.
(AFP Photo)

Twenty four Egyptian and international companies have purchased tender documents for a project to establish six new wind farms, Alborsa has reported.

According to reports, interested companies included El Sewedy Industries Group, Heavy Industries Services Co. (HISCO), Chinese HTG Development group, Green Global, the American Tri Star Construction, Mitsui & Co., Enel Green Power and others.

“We are still in the studying phase of the project but we are definitely interested,” said Deema Abu Ghazaleh, the corporate finance director at El Sewedy.

Abu Ghazaleh, said El Sewedy is a strong proponent of clean energy in Egypt, and familiar with the technology. “We have already built wind turbines and towers in China and in Egypt,” she added.

The final deadline to receive the sealed tender envelopes, which has been delayed several times, was set by the Ministry of Energy for 30 July.

Alborsa’s report also stated that this was one of several projects that the ministry is implementing as part of its plan to produce energy from clean and renewable sources, in light of fuel shortages caused by limited foreign currency reserves. The ministry’s website states that it plans to increase wind power generation by360 MW in 2013/2014. The government plans to produce 20% of domestic demand from renewable energy by 2020.

The government recently approved a contract between the Egyptian Energy Transmission Company and Italgen, a subsidiary of an Italian cement company, to enter the national grid and transmit the energy created to Egyptian cement plants.


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