Egypt approves power purchase deal for Gulf of Suez wind farm

Egypt approves power purchase deal for Gulf of Suez wind farm

Egypt approves power purchase deal for Gulf of Suez wind farm The project is built by the Orascom Construction-Engie-Toyota Tsusho consortium    Cairo -  The Egyptian cabinet approved signing a power purchase agreement with the Orascom Construction-Engie-Toyota Tsusho consortium that builds a 500-megawatt (MW) wind farm in the Gulf of Suez.The project is being implemented under a build-own-operate (BOO) scheme over two phases with a capacity of 250 MW each, according to a statement on Thursday.Source: MubasherAll Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).Zawya CoverageaviationSharjah's budget airline Air Arabia to resume flights to Dohaoil and gasAbu Dhabi on track to launch Murban futures trading in MarchaviationEgyptair to kick off flights to Qatar next weekequitiesNetwork International's revenues fell 15% in 2020equitiesSaudi school company NCLE to pay out $9mln dividendMoreReuters CoveragebahrainPfizer delays January vaccine delivery to Bahrain - health ministrychinaChina says latest COVID-19 outbreak caused by imported casesequitiesWall Street closes lower as banks, energy shares tumblecoronavirusTwo COVID-19 cases on Australian Open flight, arrivals to quarantinecoronavirusSanitation worker gets first shot as India launches COVID-19 vaccination campaignMore Most Read Stock Market DataDubai FM 2,702.34173,346,789(-0.70% )Abu Dhabi SE 5,266.71886,574,287(-0.45% )Saudi SE 8,898.68222,485,234(-0.18% )Egypt SE 11,453.43149,214,672(0.57% )Most Active Stocks