Two wholly-owned subsidiaries of Vestas Wind Systemsof Denmark have received contracts worth a total of Eur 65 million ($71 million) for the supply and installation of 117 660-kW wind turbines at Zaafarana on the Red Sea coast. Bids for the second and third phases of the 60-MW wind farm were submitted in May 2002 to the New & Renewable Energy Authority, which is developing the farm with the Egyptian Electricity Holding Company.
The first contract, worth Eur 25 million ($27 million) and financed by Danida, was placed with the company's Danish subsidiary Vestas International Wind Technology. A second Eur 40 million ($43 million) contract, financed by Germany's Kreditanstalt fuer Wiederaufbau (KfW), was awarded for the supply and installation of turbines on a turnkey basis to a consortium comprising Vestas Deutschland, ABB New Venturesof Europe and Egypt's Kolaly Engineering.
The consultant is Riso Wind Consult of Denmark,which advised on the pilot phase of the project in 1999 set up by Nordix, also of Denmark, and financed by the Danish International Development Agency (Danida - MEED 29:3:02).
You might also like...
Fujairah oil facility catches fire from drone debris
03 March 2026
QatarEnergy stops downstream production operations
03 March 2026
Read the March 2026 MEED Business Review
03 March 2026
Firms prepare Port of Duqm consultancy bids
03 March 2026
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
Take advantage of our introductory offers below for new subscribers and purchase your access today! If you are an existing client, please reach out to your account manager.
