Badr Investors Unveils Details of Egyptian Solar Plant Next Week

Egypt’s Badr Investors Association (BIA) chairman Alaa El-Sakty revealed that it is schedule to announce for the details of launching plant for solar energy with EGP4 billion investments in Badr Investors Association by the next week.

The project comes among the acts of the Holding company for developing the city that has recently launched by BIA with EGP200 million initial capital, stressing that the plant will generate capacity up to 300 MW.

In statements to Amwal Al Ghad on Tuesday El-Sakty added that the timeframe for the completion of the project will be by 2016. He noted that it will start work immediately after the approval of industrial development to allocate the needed plots for the project.