El Sewedy, EETC sign solar discharge deal worth EGP1.7bln

Elsewedy Electric signed a deal with Egyptian Electricity Transmission Co. (EETC) to secure, boost and discharge solar capacities of Benban Solar Park with a voltage of 500kV in parallel.

It is worth mentioning that the Benban Solar Park will soon be operated to its full capacity.

Sabah Mashaly Chairperson of the EETC said that the deal is worth a total amount of 1.7 billion Egyptian pounds and will be self financed by EETC. The project will be completed within six months.

Benban’s solar power project is considered to be one of the largest solar generation facilities in the world. The project’s purpose is to contribute to Egypt’s energy self-sufficiency.

The $3.5 billion project, located in Aswan’s village of Benban, has a total capacity of 1.8 gigawatts. Aswan was chosen to host the mega project due to its perfect solar location.

A total of 39 local and international developers were chosen by the Egyptian government to start solar power plants in Benban after they had met the first round of the government’s requirements.