By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
    World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
    March 28, 2023
    EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International
    March 28, 2023
    Australian government strikes deal on climate policy
    Australian government strikes deal on climate policy
    March 28, 2023
    EGX signs MoU to expand scope of regional climate action
    EGX signs MoU to expand scope of regional climate action
    March 28, 2023
    Gold prices drop 1% globally due to measure to contain SVB crisis: Gold Bullion
    Gold prices drop 1% globally due to measure to contain SVB crisis: Gold Bullion
    March 28, 2023
  • Politics
    PoliticsShow More
    Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
    Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
    March 28, 2023
    Kenyan police clash with anti-government protesters
    Kenyan police clash with anti-government protesters
    March 28, 2023
    Russia to stay in World Trade Organization: Russian diplomat
    Russia to stay in World Trade Organization: Russian diplomat
    March 28, 2023
    Israeli PM calls for calm amid turmoil over government's judicial overhaul
    Israeli PM calls for calm amid turmoil over government’s judicial overhaul
    March 28, 2023
    Libyan parties agree to unify all state institutions: UN
    Libyan parties agree to unify all state institutions: UN
    March 28, 2023
  • Interviews
    InterviewsShow More
    Developers have to offer innovative products, state should provide more facilities to stimulate industry: Kareem Mamoun
    Developers have to offer innovative products, state should provide more facilities to stimulate industry: Kareem Mamoun
    March 27, 2023
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Sterling and Wilson takes over from Mahindra in Kom Ombo solar plant construction
Share
Notification
Latest News
World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
Business
EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International
Business
Australian government strikes deal on climate policy
Australian government strikes deal on climate policy
Business
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
World Politics
Kenyan police clash with anti-government protesters
Kenyan police clash with anti-government protesters
World Politics
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Energy > Sterling and Wilson takes over from Mahindra in Kom Ombo solar plant construction
Energy

Sterling and Wilson takes over from Mahindra in Kom Ombo solar plant construction

Mohamed Farag
Last updated: 2020/12/01 at 11:31 PM
By Mohamed Farag 2 Min Read
Share
Solar energy Aswan, Egypt
SHARE

The Saudi company, ACWA Power, has agreed with India’s Sterling and Wilson that the latter will take over the construction work of the 200 MW Kom Ombo solar plant instead of Mahindra.

ACWA Power had originally agreed with Mahindra on the project, but the latter pulled out due its fear of working outside India as the novel coronavirus (COVID-19) pandemic continues.

Informed sources have told Daily News Egypt that ACWA Power was in negotiations with Sterling and Wilson and two Chinese companies, but the Indian company was the preferred contractor.

It has already worked with ACWA Power to implement projects in Morocco, with a capacity of 170 MW. The contract for Kom Ombo solar power plant is due to be signed before the end of this month.

Diaa El-Din Salah, Regional Director in Egypt and North Africa at Sterling and Wilson, told Daily News Egypt that negotiations are nearing completion on ACWA Power’s Kom Ombo solar plant. This also covers the 220 kV transformer station to connect the plant to the national grid.

ACWA Power will sell the plant’s output at 2.48 piasters per kw/h over the project’s lifespan. This is the lowest price offered by the Egyptian Electricity Transmission Company (EEHC) since the announcement of the renewable energy development plan, which began in 2014.

The station is being implemented using “two-sided” technology, through which solar cells are manufactured to allow the absorption of light on both sides. This will achieve greater efficiency and improve the performance of the cells in the winter season.

The station contributes to providing the electrical energy required to meet the needs of 130,000 housing units, and reduce carbon emissions by 280,000 tonnes annually.

The contract to build and develop solar photovoltaic power stations is part of the government’s plan to bring the renewable energy contribution to Egypt’s energy mix to 20% by 2022.

You Might Also Like

We are waiting for commercial details of LNG import agreement from Egypt: Bulgaria’s Energy Minister

Egyptian President meets with Fortescue Future Industries over green hydrogen opportunities ahead of COP27

KarmSolar announces new minority stake round 

Enppi, Petrojet acquire foreign partner’s stake for $117m

Emirati, Australian companies consider investing in Egyptian green energy

TAGGED: Kom Ombo, Mahindra, solar plant, Sterling and Wilson
Share this Article
Facebook Twitter Email Print
Previous Article Italy’s Eni has signed a series of agreements with Egypt, paving the way for the Damietta LNG plant to restart operation by the first quarter (Q1) of 2021, the company announced on Tuesday. Eni, EGAS partner to restart Damietta LNG plant in Q1 2021
Next Article Egypt's President Abdel Fattah Al-Sisi held a meeting with some state officials, on Tuesday, to follow up on the progress of the national project to establish and develop milk collection centres, in addition to other agricultural projects. Daily News Egypt Al-Sisi follows up on progress of milk collection development project
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
World-leading UK hospital signs partnership with specialist healthcare investment firm, Elevate
Business
EFG Hermes closes EGP 193.65m securitized bond issuance for Premium International
Business
Australian government strikes deal on climate policy
Australian government strikes deal on climate policy
Business
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
Iranian, Saudi FMs discuss imminent bilateral meeting in phone call
World Politics
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?