It is to be built on a build-operate-own
(BOO) basis, under which the government will buy the electricity produced by the plant for a period of 20 years.
The Ministry of Electricity launched yesterday the first international tender for a thermal power generation plant in Egypt under the build-operate-own
(BOO) system to generate 1500 megawatts, reported Al-Ahram.
Egypt had announced the tender for the wind farm on a build-operate-own
basis on May 9.
The Egyptian government has also issued a tender in May 2009 for a 250MW wind farm on a build-operate-own
Some 90 companies worldwide have registered to tender for the construction of two gas-fired power facilities, in KwaZulu-Natal and the Eastern Cape, on a build-operate-own
basis designed to deliver the first 1,000MW of the total 5,000MW South Africa needs within five years.
The project will be carried on Build-Operate-Own
International donors such as the US, Japan, Denmark, Germany and Spain have provided funding for onshore wind farms currently operating or under construction on the Red Sea coast--for example, another 200sq km wind farm is being proposed south of Zafarana, with 720MW capacity, while private investors are being wooed into entering build-operate-own
(BOO) agreements to build wind projects on the 1,300sq km between these two areas.