USD450m Turkish bid to build power plant in Sinai
The plant will have a capacity to produce 200 MW, which will go toward resolving the power shortage in the area, said IDA chief executive Ismail Al-Nagdi.
Egypt produces 23,000 MW of electricity annually, while the demand exceeds 25,000 MW. This forces the National Grid to effect an alternating blackout across different Egyptian governorates.
Establishing power stations according to the PPP scheme may help eliminate the blackouts across the country that hit several regions last summer, said Atter Hannoura, the head of the PPP Central Unit at the finance ministry.