Latest in Tag: electricity Highlight
Latest in Tag: electricity

International Cooperation, Electricity Ministers discuss energy projects, NWFI programme
The NWFI programme is the link between food, water projects, and energy that aims to mobilise concessional development finance, technical support, and investments by the private sector for a package of priority green development projects within the framework of Egypt’s 2050 Comprehensive National Climate Strategy.

Al-Sisi orders acceleration of electricity projects serving agricultural sector
The president ordered the rapid completion of electricity projects that will serve the national agricultural projects.

Work on Egypt-Saudi electrical interconnection underway, to conclude in 2026: Electricity Minister
Furthermore, Shaker mentioned that with the completion of the interconnection between Egypt and Saudi Arabia and the completion of similar projects with the countries of the Gulf Cooperation Council, Egypt will be linked to the Arabian Gulf and approximately 98% of the Arab electricity system, allowing the establishment of an Arab electricity exchange and a unified market.

Egyptian Electricity Transmission Company aims to increase purchased energy by 33% in upcoming FY
This is compared to the 157.7bn kWh purchased in the current FY.

Government considers flexible mechanism to determine electricity prices
New proposal to review electricity prices every six months due to changes in production cost

Al-Sisi postpones electricity price increase for third time
President inaugurates Animal and Dairy Production Complex project in Sadat City

WB looks forward to increasing partnership with Egypt in electricity, renewable energy
During the meeting, the WB delegation gave a presentation on the topics of the future partnership between the bank and the electricity sector and renewable energy, including the connection with Greece, as well as increasing the linkage capacity with Jordan, in addition to green hydrogen, and the steps related to carbon emissions.

Al-Sisi reviews electricity projects across Egypt
Egyptian president directs to expand in renewable energy projects

Ethiopia says begins generating electricity from GERD
Egypt considers the step a violation of the 2015 Declaration of Principles

Egypt studies Tesla’s offer to provide battery systems for electricity storage
Mahina added that a committee was formed to study the localisation of electric battery manufacturing in Egypt with the participation of the Ministries of International Cooperation; Trade and Industry; Finance; Planning; and Military Production. The committee is scheduled to meet before the end of the first half of this year.

Al-Sisi inaugurates electricity sector projects in Upper Egypt
Egyptian President calls for spreading digital electricity meters nationwide

Egypt set to export electricity to Cyprus, Greece in October 2021
Egypt is set to sign two agreements for electricity export to Cyprus and Greece in October.

Al-Sisi directs completing electricity projects in Sinai on time
Al-Sisi’s remarks came during his meeting with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mohamed Shaker, and Adviser to President for Urban Planning Amir Sayed Ahmed.

Egyptian Cabinet denies setting electricity prices based on residential area
Electricity prices are defined by only consumption segments

Renewable Energy Authority to set higher prices for electricity supplied to EETC
Prices are expected to increase by about EGP 0.7-0.15/kwh

900k users access Fixed Solutions’ platform for electricity services
Company also launches ‘Study in Egypt’ platform to help foreign students apply to Egyptian universities

CIT, Electricity Ministries agree to make electricity services available on digital platform
Egypt’s Minister of Electricity and Renewable Energy Mohamed Shaker and Minister of Communications and Information Technology Amr Talaat have signed a cooperation protocol to provide the former ministry’s services online.

Japan, Egypt sign agreement for North Cairo electricity distribution management, advanced meters
Japanese Government responded to Egyptian request, by agreeing in 2016 to provide a loan of ¥25bn ($240m) to improve electricity distribution systems

Egypt’s electricity authority invests EGP 33bn during FY 2019/20
Desouky’s comments came during the company’s Ordinary General Assembly and Extraordinary General Assembly meetings, headed by Minister of Electricity and Renewable Energy Mohamed Shaker.

President Al-Sisi ratifies agreements to develop Cairo Metro, electricity sector
Al-Sisi also issued decree No. 410 of 2020 on the ratification of another agreement between the Egyptian government and the FDA to finance the development policies in the electricity sector, which was signed on 10 June 2020.

EEHC to issue tender for electricity production units transfer to Sinai’s Al-Arish
Company would save $130m by transferring these units, which will take place this month, instead of purchasing new ones

Egypt aims to increase electricity generation based on renewables to 60% by 2035
Government negotiates with foreign investors to establish new renewable energy projects with capacity of 2,000 MW

Al-Sisi orders continuous development of Egypt’s electricity management system
President discussed latest developments of electricity projects with Saudi Arabia, Jordan during meeting with Prime Minister Madbouly

Egypt implements Sinai, Suez electricity network to improve energy services
Electricity sector investments will see four control centres constructed to support Sinai, Suez Canal electricity network

Elsewedy Electric implements EGP 100m Toshka external electricity network
New network will cover area of 40,000 feddan

Egypt targets EGP 45.3bn of electricity sector investments in FY 2020/21: El-Said
Electricity sector is set to increase its production at current prices during FY 2020/21 to about EGP 180.9bn, says El-Said

Upgrading electricity consumption patterns confuses subscribers
July electricity bill collection rate did not exceed 80%

Renewable energy comprises 20% of Egypt’s total electricity: Electricity Minister
Egypt has faced significant challenges in securing its electricity needs, which affected investment in previous years

World Bank praises Egypt’s reducing new electricity connection timeframe to 18 days
Electricity Ministry has programme to replace overhead cables with ground cables

AfDB approves €225m finance for Egypt’s Electricity, Green Growth Support Program
The programme aims to promote sustainable development and mitigate climate change impacts on Egypt.