The Public Establishment of Electricity for Generation (PEEG) of the Syrian Arab Republic has floated tenders for the development of two solar projects (40 MW and 23 MW ) in the country.
The first solar project for 40 MW will be developed at the Jandar power project in Homs province on a turnkey basis. The second solar project will be developed at the Al-Nassereih power project in the Damascus countryside province, also on a turnkey basis.
The contract will also include the supply of spare parts and tools and the training of personnel. The last date for the submission of bids for both the projects is August 10, 2020.
The 40 MW project to be developed in the Homs province consists of three sections. While the first section will be developed with a capacity of 2 MW, the second section will be of 14 MW capacity. The third section will be developed with a capacity of 24 MW.
Interested bidders will have to pay an amount of €60,000 (~$65,363) for the first section and €420,000 (~$457,541) for the second section as the bid bond amount. Similarly, the bidders will have to pay a bid amount of €720,000 (~$784,357) for the third section. The time for the execution of the first section has been set as 24 months and 36 months for the second. For the third section, the time for the execution of the project has been set as 60 months. The bidder can submit bids for more than one section.
Like the first project, the second project of 23 MW also consists of three sections. While the first section will be developed with a capacity of 7 MW, the second will be of 7 MW capacity. Similarly, the third section will be developed with a capacity of 9 MW.
For this, the interested bidders will have to submit an amount of €230,000 (~$250,558) as the bid bond amount for all the three sections. The execution period for the first section has been set as 18 months, whereas for the second section, it will be 36 months. Similarly, for the third section, the execution period has been set as 60 months.
Countries in the Middle East and West Asia have been shifting gradually toward clean and sustainable energy. With no dearth of sunshine, these countries can play a vital role in the large-scale adoption of renewable energy.
Recently, the Emirates Water and Electricity Company, a subsidiary of Abu Dhabi Power Corporation, received the lowest ever tariff for its 2 GW solar project. The record low tariff globally was recorded at AED 0.0497 ($0.0135)/kWh. The Al Dhafra solar PV project is expected to power approximately 160,000 households across the UAE.
Previously, Mercom had reported that the European Bank for Reconstruction and Development (EBRD) had signed its first green economy financing facility (GEFF) in Lebanon. The EBRD and Bank Audi, the largest bank in Lebanon, had joined hands for the expansion of renewables by providing $100 million (~₹7.54 billion) each for green projects in Lebanon.
Rakesh is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). More articles from Rakesh Ranjan.