El Sewedy Electric (SWDY.CA), along with 10 other local and global competitors have bought the tender documents for 320MW Attaka combined cycle plant that the Ministry of Electricity and Renewable Energy had announced earlier, according to a ministry source speaking to Al Mal. The deadline for submitting technical and financial offers for the project has been extended to mid-August 2016, after it was previously set to mid-July 2016. The Ministry plans on finalising the project in the beginning of 2018, noting that the project is part of Ministry’s five-year plan (2017-22). ( Al Mal)   Elsewedy Electric: EGP43.80 as of 22 June 2016, Rating: Buy, FV: EGP57.30 per share, MCap: USD1,102 million, SWDY EY / SWDY.CA