Egypt to invite bids for 200 MW of wind power - report
Nov 14, 2011 - Egypt's energy minister Hassan Yunis said the government would call a tender for the installation of wind farms with a total capacity of 200 MW on the Gulf of Suez, AFP reported yesterday.
The offer will also include the supply and maintenance of the wind farms, Yunis added.
The tender will be part of the second and the third phases of the country's renewable energy programme. The first phase was signed in July.
Work on the wind project is expected to start in April 2014. Its cost is estimated at USD 500 million (EUR 366.4m) and will be partly funded by the European Investment Bank and the European Commission, AFP said.
Egypt targets to have 7.2 GW of wind power capacity by 2020.