The Egyptian Electricity Transmission Company (EETC) has announced a large renewable energy tender for a 500 MW solar photovoltaic power project. The initiative forms part of Egypt’s broader plan to diversify its energy mix and raise the share of renewable energy in the national grid. With a planned capacity of 500 MW, the project will support the expansion of the country’s clean energy infrastructure.
EETC will implement the project under the Build-Own-Operate (BOO) model. The selected developer or consortium will handle the design, financing, construction, ownership, and long-term operation of the solar plant. EETC will act as the off-taker and purchase the generated electricity through a long-term Power Purchase Agreement. This structure is intended to attract private investment while maintaining a reliable supply of clean power to the grid.
The project will be self-financed by the chosen developers as part of a government-backed initiative. Bidding companies must show strong technical capability and solid financial strength to deliver a project of this scale. Both local and international firms that meet the qualification criteria can participate in the tender.
Bidders are required to comply strictly with the technical and administrative requirements outlined in the official tender documents. Failure to meet these guidelines may lead to disqualification. The tender reference number is 135488180, and EETC provides all related documents and clarifications through its official procurement channels.
The bid submission deadline is May 11, 2026. Developers should prepare their proposals early to ensure full compliance with the tender requirements. The earnest money deposit amount is specified in the detailed tender documents, and projects of this size typically require a substantial bid bond to confirm bidder commitment.
The selected bidder must also submit a performance bank guarantee after the contract award. This guarantee usually represents a percentage of the total project value and ensures that the developer meets all construction and operational obligations.
The 500 MW solar project reflects Egypt’s continued focus on expanding renewable energy capacity and lowering carbon emissions, while creating a major opportunity for global renewable energy developers.
source: solarquarter.com
African Energy Council