Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Tunisia to Launch International Tenders for 2,000 MW of Renewable Power

A man looks at 100-meter-tall wind turbines during sunset at the Electric Power Development Co., Ltd's Nunobiki Plateau Wind Farm in Koriyama, north of Tokyo, Japan, November 8, 2007. REUTERS/Toru Hanai

Tunisia plans to launch international tenders in June this year seeking offers to build 2,000 megawatts of renewable electric power capacity, energy minister Naila Nouira said on Thursday, part of efforts to cut the country's natural gas imports.

Tunisia, which is facing a financial and political crisis, is trying to attract foreign investments in the energy sector.

The country in March granted licenses to three international companies to produce 500 megawatts of electricity from renewables.

Tunisia's bill for gas purchases from Algerian gas company Sonatrach may reach $1.5 billion this year and the total bill will be $2.6 billion, including purchases from domestic gas producers, an energy ministry official told Reuters this month.

This is up from $1.5 billion last year.

The country aims to produce 30% of electricity from renewables by 2030, prime minister Najla Bouden said this year.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.