China’s Gezhouba signs $287.5 mn contract to build solar plants in Egypt
Chinese state-owned construction and engineering company China Gezhouba has secured a USD 287.5 mn contract to build an undisclosed number of solar plants across Egypt with a combined capacity of 500 MW, according to Renewables Now. The agreement is for a period of three years.
China Energy Engineering subsidiary to install 500 MW of solar in Egypt
China Gezhouba Group Company Limited has secured a contract to build distributed solar power generation facilities with a combined capacity of 500 MW across Egypt, its parent China Energy Engineering Corporation said on Friday.
The USD-287.5-million (EUR 261.3m) contract, signed recently, covers design, construction work, equipment procurement, installation, commissioning and supply of spare parts. The agreement is for a period of three years, according to the statement.
China Gezhouba is a construction and engineering company, a subsidiary of the state-owned energy conglomerate.