Latest in Tag: electricity ministry Highlight
Latest in Tag: electricity ministry

EGPC owes Electricity Ministry EGP 100bn
The Egyptian General Petroleum Corporation (EGPC)’s dues owed to the electricity sector increased to EGP 100bn last month. A governmental source told Daily News Egypt that the dues are rising, as the EGPC does not pay for the fuel fed to power plants and only pays about EGP 800m every month out of a monthly …

Electricity Ministry operates 16 MW Assiut hydropower station
Study underway to utilise small weirs in the Delta

Electricity Ministry, UNDP, AmCham hail successful application of CIB energy efficiency
The Commercial International Bank-Egypt (CIB) received a special award from the Energy Efficiency Project in recognition of its leading role in supporting and contributing to the national energy efficiency strategy through its various initiatives. The award was presented to Hisham Ezz Al-Arab, CIB chairperson and managing director, during the monthly luncheon of the American Chamber …

Electricity Ministry studies increasing consumer fees starting July
Increase ranges from 14-37% for all consumers, sources say

GE demands Electricity Ministry pay maintenance dues
Arrears amount to $148m, liquidity shortage threatens delay in spare parts supply

Electricity Ministry considers parliament’s request to include 25% of fixed installment for factories’ actual consumption
Government has agreed to schedule debts for three months, response to parliament’s memorandum in two weeks

Electricity Ministry plans adding 20,000 MW in 2 years
19.2m tonnes of mazut equivalent saved per year in fuel consumption at production plants

Electricity Ministry will impose new fees starting July
Revenues from new fee estimated at EGP 168.8m in 2018/2019

Electricity Ministry contracts with 3 companies to implement electrical, mechanical works for EGP 2.1bn
Elsewedy will handle mechanical works of Assiut electricity plant for EGP 1.5bn

Electricity Ministry to offer 500 MW solar plant tenders next year
Projects under BOO scheme in Aswan, Minya

Electricity Ministry to launch tender for operation, maintenance of Siemens power plants in December
Four companies are reportedly bidding for the Electricity Ministry’s tender, most notably Orascom-ADERA Energy consortium, and Elsewedy-EDF consortium

Electricity Ministry approaches final contract with Al Nowais Investments to establish coal-fired power plant
Company exempted from land ownership controls in Sinai

Electricity Ministry contracts with 5 companies to supply 250,000 smart metres
ZTE, Huawei, El Sewedy, Iskra, and Sigmakom are the five companies

Electricity Ministry ready to contract with investors to purchase electricity produced from waste recycling projects: minister
No third phase for the feed in tariff projects

Electricity Ministry ready to contract with investors to purchase electricity produced from waste recycling projects: minister
The Ministry of Electricity has been able to secure electric feed to all citizens, despite the high temperature. It is now working to improve the service and link all consumers to the grid, through an integrated plan that includes developing and upgrading the grid, next to opening the door for Arab and foreign companies to …

Electricity Ministry reveals reasons for power outages
Stopping of production units, distribution problems are amongst the reasons for the sudden disruptions

Electricity Ministry signs EGP 37bn loan with NBE and BM on Tuesday
Finance Ministry to bear 12% of loan interest, EEHC bears 3-5%

Electricity Ministry to keep prices up in July, parliament demand postponement
Decision reaches all segments with 10-20%, up to 40% for high consumers

Electricity Ministry allocates EGP 7bn to develop transmission companies next FY
EEHC to disburse compensation for equipment companies to cover for exchange rate difference following flotation

30 companies ask for compensation for price differences in contracts with Electricity Ministry
Ministry is considering compensating companies by 10-30% of contracts’ value despite losses exceeding this amount

Electricity Ministry agrees with Acwa Power to establish power plant in Luxor
The ministry negotiates with Luxor governorate to allocate the required land for the project on an usufruct system for 25 years

Electricity Ministry set to decide on new tariff increase this month
Average households will see 20-40% increase, subsidies to continue for 5 more years

Electricity Ministry abolishes direct contracting scheme for production projects
Resolution does not include Al-Nowais coal plant, Siemens wind farm

Electricity Ministry notifies government institutions about unpaid dues
The unpaid dues to the ministry of electricity registered at EGP 28bn until February

Electricity Ministry will pay EGP 700m of fuel arrears to Petroleum Ministry next week
We aim to increase monthly amounts to EGP 1bn, says official

Electricity ministry to hold popular conference announcing details of Dabaa nuclear plant
The Ministry of Electricity is preparing to hold a public rally to announce the details of the establishment of Dabaa nuclear power plant in cooperation with Russia. A source at the Ministry of Electricity said that Minister Mohamed Shaker will review the latest developments in the negotiations with Russia on the Dabaa nuclear power plant, …

Electricity Ministry covers EGP 21.2bn of its debts to Petroleum Ministry
President meets with Shaker, follows up on projects’ implementation

Electricity Ministry to cancel contract with consultant to manage Siemens plants
EDF offered €8m and RWE offered with EGP 16m

Electricity Ministry delays Al-Nowais electricity project to 2022-2027 plan
The Ministry of Electricity has decided to delay the implementation of Oyoun Moussa power plant to be contracted with Emirati Al-Nowais company to the 2022-2027 plan. Sources from the Ministry of Electricity told Daily News Egypt that a note was sent by the ministry to the cabinet, briefing the Emirati company’s requests to sign the …

Electricity Ministry contracts with Tractebel to assess offers for $10bn coal-fueled power plant
Seven companies make their bids