The company added that investors will acquire a 49% stake in ADNOC Gas Pipes assets, a subsidiary of ADNOC. The subsidiary, which is newly established, has the rights to lease 38 pipelines, at a total length of 982.3 km. ADNOC will retain the remaining majority stake of 51%.
Latest by Mohamed Farag
EGP 100m allocated to support electricity lines in Owaynat and Gabal Al-Kamel areas
New meters will ensure citizens are held accountable for usage according to actual consumption rates
EETC Chairperson Sabah Mashaly said the contract covers the transformer’s construction, with equipment of 220/66 kV of the gas-insulated type, which will operate under the Cairo Electricity Distribution Company.
Egypt implements petrochemical projects worth $38bn in 2020-2024
No alternative to rising electricity prices, despite reduced consumption and collection during COVID-19
Household electricity prices increase by an average of 19.1%
Project implementation will not be activated or agreed upon until required studies are completed, says source
Company implementing renewable energy projects to feed Al-Mughara, West Minya regions
4.4% growth in energy sold to consumers is expected in next fiscal year, says Desouky
Power stations with 453 MW capacity being implemented, says El-Khayat
No disruption to country’s electricity supply chain since 2015, compared to frequent 15-hour power cuts previously
Local and international companies implemented maintenance programmes in preparation for summer
The company has completed implementation of the Marsa Alam power transformer station, in addition to work on the Berenice – Marsa Alam – El Quseir 220kV power line project.
Approval includes company’s full commitment to regulations specified in annually-renewed licence
Deal confirms strength of economic relations between Saudi Arabia and China, says Padmanathan
Contract will see construction of 20km, 500 kV line as part of plans to develop national electricity network
Pilot phase saw two mobile transformer stations built in the town
EgyptERA has extended the power generation licence of Midor Electric Company (MIDELEC) for a year. It has also renewed power distribution licences of Madinaty Electromechanical Energy and Tropi 2 for Tourism Development.
Supported by Egypt-PV, new plant to output 154 MW annually
This will see the El Hay El Motamayez and Sadat transformer stations commence operations. This comes alongside three further stations located in the Tamiya area of Fayoum, in the north of Hurghada and at Awlad Saqr.
Company’s business volume exceeds EGP 500m this year
Meshaly expressed her appreciation for the honouring, adding that it would encourage workers’ sense of achievement in the sector.
Controversial documentary maker presents new film climate film to mark 50th Anniversary of Earth Day
Requests to install coded meters will resume after curfew ends, says Hamza
Company will operate project on behalf of France’s EDF
The 2GW solar photovoltaic (PV) independent power producer (IPP) Al Dhafra project – to be located in Abu Dhabi – has received, from the first-ranked bidder, a tariff offer set at AED 4.97 fils per kWh ($1.35 cents per kWh), which is approximately 44% lower than tariff set three years ago for the 1.7GW Noor Abu Dhabi project, one of the world’s largest solar PV projects and a world record tariff-setter at the time.
Funds will go towards completing construction of Assiut’s Walidia 3 power station
El-Sayed added that several major electricity projects have been established to meet development projects’ needs of power in Sinai, the Red Sea, and Sharqeya
Despite the impact on global energy companies, many have stepped up to take part in efforts to combat the virus and contribute to initiatives. It has also seen the companies make donations and provide financial aid during the outbreak