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China’s Gezhouba signs $287.5 mn contract to build solar plants in Egypt

China Gezhouba
Posted: January 14, 2020 at 3:21 pm   /   by   /   comments (0)

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.

(Sources: Enterprise.press & Renewables Now)

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