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The Zafarana development is the second largest station in east Africa after the Gabal El Zeit farm that puts out 580MW.
The three companies technically qualified in the tender included Nary, B-Electric, and Vikram, but were excluded due to technical reasons. The NREA examined the offers submitted in cooperation with Antec consultant to implement the project’s station.
Studying financial bids, and contract awarding to the winning company before end-2019
Three companies, including Belectric, NARI Group Corporation, and Vikram Solar, technically qualified and two companies were excluded, one for technical reasons and the other withdrew.
Authority to award project’s contract to winning company next month
List includes Siemens, Vestas, Golden Group
Investors in Benban area will repay first installment of the agreement this month
Funding will be 25%-30% in equity and 70%-75% in bank loans