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Egypt signs contract for solar power plant

Oct 21, 2007 - BBC Monitoring

Egyptian Electricity and Energy Minister Hasan Yunis attended Sunday [21 October] the signing ceremony of a contract on the implementation of a solar component in the first Egyptian solar power station.

The project, to be established in Kuraymat, will work with a capacity of 140 megawatts and with an investment cost of 606m Egyptian prounds. The project is the fourth worldwide in this domain, the minister noted. The project comes as part of the Egyptian electricity sector's plan to make use of renewable energy, the electricity minister said. The project will produce annual electricity capacity of 985m kilowatts. The signed contract is one of the Egyptian electricity sector's projects due to be implemented in the five-year plan 2007-2012 to meet increasing demand for energy and secure electricity required for development projects nationwide, the minister noted.

Source: MENA news agency, Cairo, in English 1046 gmt 21 Oct 07

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Updated: 2003/07/28