Electricity power lines- REUTERS-Pascal Rossignol
CAIRO - 12 April 2018: A consortium of Orascom Construction, Engie, and Toyota Tsusho Corporation has filed a request to expand in a power generation plant in the Gulf of Suez’s Gabal El-Zeit, a source at the Electricity Ministry said on Thursday.
The project had been aimed to generate wind power at a capacity of 500 MW, but now seeks to add another 500 MW, the source added.
The relevant agreement had been signed under a build-own-operate framework that provided the consortium an ownership for 25 years.
Egypt’s national strategy looks to bring the contribution of electricity from renewable energy to 20 percent by 2022.