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Renewables

TAQA Arabia, Hassan Allam break ground on EGP 1.35 bn Benban solar plant

Solar
Posted: August 29, 2018 at 1:22 pm   /   by   /   comments (0)

Qalaa Holdings subsidiary TAQA Arabia and Hassan Allam Holding have begun constructing their EGP 1.35 bn, 50 MW solar power plant in Aswan’s Benban complex, Qalaa said in a statement to the EGX. The project is being finance by five international institutions, including the International Finance Corporation IFC, according to the statement. The power plant will be constructed under a build-own-operate framework. Trial operations are expected to begin by year’s end, and commercial operations are slated for the beginning of 2019.

(Source: Enterprise.press)

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