
EEHC allocates EGP 15.3bn for electricity projects in south Upper Egypt
Funds will go towards completing construction of Assiut’s Walidia 3 power station
Funds will go towards completing construction of Assiut’s Walidia 3 power station
Shaker directs heads of distribution companies to raise collection rates, review invoices before issuance
Siemens will add 1,200MW to the electricity grid from the Beni Suef power plant, and 800MW from New Administrative Capital and Borollos power plants
Action takes into consideration low-income citizens, sources at the Ministry of Electricity say
We aim to increase monthly amounts to EGP 1bn, says official
We aim to increase monthly amounts to EGP 1bn, says official
Cabinet approved financial models, official results in a week, says Desouky
The Ministry of Electricity and Renewable Energy has completed the maintenance of production plants of 27,000MW for next summer. Sources at the ministry said that the Egyptian Electricity Holding Company (EEHC) completed 80% of the sheer annual maintenance of production units at the national level to cope with the loads expected in the summer, where …
Delegation of the company visited the project to follow up on implementation operations
The list includes plants in Dairout, Damanhour, El-Hamrawein, El-Mahmoudeya, Ataqa, and Qena; projects transferred to 2022-2027 Plan due to financial burdens and production surplus, say sources
The four companies to be put up for subscription next year
International Cooperation Minister Sahar Nasr and Japan’s ambassador to Egypt Takehiro Kagawa signed a $396m funding agreement for the electricity sector rehabilitation project. Egyptian Electricity Holding Company chairperson Gaber Desouky, representing Egypt, and Teruyuki Ito, the chief representative of the JICA Egypt office, signed the executive agreement for the project. Nasr said that the …
The company owes NIB EGP 28bn in late dues
Three Chinese banks will finance the project, says Shanghai Electric Egypt director
MoUs signed during Al-Sisi’s visit to Japan to be activated within five months
The offers are being studied and a company will be established with investments worth EGP100m, says EEHC chairperson
Banking alliance led by NBE contributes to funding three power plants
Facility will be used to import gas turbines and other related equipment supplied by General Electric
The total loan value is at EGP 10bn, of which Bank Audi-Egypt provided EGP 400m. The other banks involved in the loan include the National Bank of Egypt, Banque Misr, Banque du Caire, QNB, United Bank of Egypt, and Arab Bank.
Loan will be directed to pay part of EGPC’s dues
Bank provided loan worth $90m to EEHC for emergency plan to solve electricity crisis in summer of 2015
Loan is $521m in total, and will be used in launching power plants of 2015 third emergency plan
Minister of electricity and energy: Dairut factory will be the first of its kind in Egypt to operate on a BOO scheme