wattage wise, might be enough
but depending on how well does the PSU live up to the listed wattage, it might not, + low quality is not safe for your PC, and might not have any safety measures
(after all, if u only see the advertisement that EVGA made themself, surely it's all sounds good and all XD)
i suggest u get something better XD
https://www.evga.com/products/product.aspx?pn=220-GS-0550-V1
this is a tier 2 and will be safer + better than the one u're asking about
or
CX550M is also pretty safe, although it's a tier 3 therefore i won't suggest it if u're planning on OCing later on
PS: Whatever PSU u're getting, NEVER CHEAP OUT THE PSU!
, u try to do that and u might gonna lose your whole rig later on, better safe than sorry (overkill wattage is much better than having not enough wattage)