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In January 2016 it was reported that Saudi Arabia’s ACWA Power was in the final stage of negotiations to construct a coal plant in Safaga with a capacity of 2,000 MW. Construction is planned for 2016 and operation in 2019.<ref>[http://www.khaleejtimes.com/business/energy/uae-support-for-egypt-strong-bound-to-continue "UAE support for Egypt strong, bound to continue,"] Khaleej Times, September 29, 2015</ref>
As of June 2016 environmental impact studies were scheduled for December.<ref>[http://enterprise.press/stories/2016/06/05/acwa-power-completes-safaga-power-plant-studies-in-december/ "ACWA Power completes Safaga power plant studies in December,"] Enterprise, 5 June 2016</ref>
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