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Construction of solar power plants: Scatec Solar, Engie and the TBEA-AMEA Power consortium hope to see their contracts finally validated

11/05/2021
Source : ORISHAS FINANCE
Categories: Sectors

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Scatec Solar, Engie and the TBEA-AMEA Power consortium were selected almost 2 years ago to build five solar power plants totaling 500 MW. After the executive, Parliament should soon validate the concession contracts for the construction of these photovoltaic power plants in south-western Tunisia

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This market, with an investment valued at 400 million dollars, represents the largest investment project in Tunisia currently. Despite reduced parliamentary activity due to the political crisis and Ramadan, the deputies of the Energy Committee could make a decision within a few weeks, in the wake of the executive.
After long months of waiting, the government of Hichem Mechichi finally validated their concession contracts in March. These were all awarded under the same tender, the concessionaires had negotiated head-on with the government. They were represented by the business law firm Allen & Overy, with the State supported by Norton Rose

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