Egypt lines up gas, coal, renewables IPPs

Issue 318 - 25 Feb 2016 - By John Hamilton

The first independent power project (IPP) in Egypt since 1999 is likely to be a 250MW wind project in the Gulf of Suez which was awarded to France’s Engie (formerly GDF Suez) last year and will be formally signed in March. Next in line is likely to be the first 1,200MW phase of Benchmark Power International (BPI)’s combined-cycle gas turbine (CCGT) project in the Nile Delta, which is not far from financial close after securing backing from Abraaj Group with the support of the African Development Bank (AfDB, see Power).

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