- The solar plant is expected to cost $127.5 Million.
- The plant is being developed by a leading Saudi Arabian renewable energy company.
Mumbai-based solar EPC company Sterling and Wilson Solar (SWSL) have signed a $127.5 million engineering, procurement and construction order in Kom Ombo, Egypt. The order was made by a leading renewable energy company in Saudi Arabia. Sterling and Wilson declined to name the company. The plant is set for commissioning by March 2022.
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SWSL is one of the largest solar EPC and O&M in the world. The company’s solar engineering, procurement and construction portfolio consists of over 10.6GWp capacity globally. The company has completed five projects with a total capacity of over 322MWp, in Egypt’s Benban Solar Park.
Bikesh Ogra, the global CEO of SWSL noted that the plant when completed will be one of the largest solar projects in Egypt. He stated “winning this project is an important milestone and further strengthens our focus in the MENA region, which has been a key market for us.”