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

Electricity Ministry resolves contentious items with Toyota alliance to establish Gulf of Suez wind farm
Ministry agrees to arbitration abroad, buys energy at EGP 0.46 per KW/H

Electricity Ministry considers reducing fuel oil at power plants to cope with post-flotation financial burden
Liberation of exchange rate hiked burden to EGP 102bn per year

Electricity Ministry postpones 3 tender offers to establish renewable energy plants
The projects include Kom Ombo, wind, and solar energy plants west of the NileĀ

Electricity Ministry to announce winners of smart metres tender by end of January
The Ministry of Electricity is set to announce the companies that have won the tender to supply 250,000 smart metres by the end of January. El-Husseiny El-Far, a member of the electricity companies’ distribution affairs department in the Electricity Ministry, told Daily News Egypt that the financial envelopes of seven companies have been opened and …

Electricity Ministry demands solar energy investors repay 3rd instalment from costs-sharing agreement in January
EPS completes preparation of Banban report in 10 days

Electricity Ministry demands Toyota alliance’s acceptance of placing arbitration in Cairo to finalise Suez Gulf wind farm
Agreement will be signed during the first quarter of 2017

Electricity Ministry negotiates with 7 companies to provide 250,000 smart electricity metres
The chosen companies are expected to be announced by the end of the weekĀ

Electricity Ministry contracts with 4 companies to supply 1m pre-paid electricity metres
El Sewedy Electrometer, Iskraemeco,Ā Globaltronics, and Maasara begin the procedures to supply the metres next week

Electricity Ministry to select from Elsewedy Electric, State Grid to establish Samalut-Naga Hammadi transmission lines
The Ministry of Electricity is to choose between the State Grid Corporation of China and Egypt’s Elsewedy Electric to establish a transmission line from Samalut to Naga Hammadi with a capacity of 500 kV. Sources at the Ministry of Electricity said the technical committee for the Egyptian Electricity Holding Company (EEHC) will meet on Tuesday …

Electricity Ministry to increase value of cost-sharing agreement for solar energy projects by 30% due to flotation
Ministry decides it will not shoulder the burden of increased costs

Electricity Ministry completes studies on Al-Negila for establishing nuclear power plant
Negotiations underway with Marsa Matrouh governor to allocate 30km to launch the project

Electricity Ministry may cease negotiations for new equipment purchases following pound flotation
Offers and prices of companies changed after the US dollar exchange rate appreciated, say sources

Ministry of Electricity signs purchase agreement with solar companies
The minister has granted investors 10 days to complete the financial closing procedures; eight companies plan to implement feed-in tariff projects with investments worth $600m

Electricity Ministry to repay dues of companies that withdrew from FIT projects by end of month
Purchase agreements to be signed with those who were tied by first-stage regulations within 20 days

Electricity Ministry agrees with SiemensĀ to run 2 production units in Beni Suef
The Ministry of Electricity and Renewable Energy agreed with Siemens to run two electricity production units in the Beni Suef power plant, with a capacity of 800 megawatts, by November. An official at the ministry said that gas supply lines to the Beni Suef power plant have been successfully linked to the grid. Moreover, six …

12 transformers to arrive in Aswan for solar energy projects next week
EGEMAC to complete its implementation in November, says chair of the board of directors

Electricity Ministry puts impossible conditions, obstacles on solar energy companies
Foreign banks should finance 85% of the projects, while 15% comes from local banks, says Shaker

Electricity Ministry postpones receiving smart meter tenders to mid-August
19 institutions are competing to provide the smart meters including Huawei, ZTE, and Elsewedy

TBEA China awaits response from Electricity Ministry to complete loan of $500m from the Export-Import Bank of China
Offer expires after two months Ā

Electricity Ministry delays payment date of solar energy cost-sharing agreementās third instalment
A source at the ministry said investors were due to pay the third instalment of the cost-sharing agreement, worth EGP 9m, this month. However, it was delayed for 30 days after investors asked for an extension to pay the remaining value on the agreement

Electricity Ministry receives offers from Arab, international companies for national grid maintenance
The offers are being studied and a company will be established with investments worth EGP100m, says EEHC chairperson

Electricity Ministry signs with EDF Suez, Toyota, Orascom to establish Gulf of Suez wind power plant
Price set at 4.7 cents per kilowatt of energy produced

Vestas to present offer to establish wind plants to Electricity Ministry
The investment cost is $2.2bn to be managed by six banking institutions

Electricity Ministry agrees with NI Capital to establish 4 companies in June
EEHC to participate with 51%, the IPO will be held after assets are estimated, says chairperson

Electricity Ministry owes $148m to General Electric for maintenance work on plants
GE overhauled the electricity generation units over the last 6 months, a prominent official at the Ministry of Electricity said. These operations included many production plants in Ataqa, El-Mahmudeya El-Nubareya, North Delta, and other production units

Electricity Ministry to sign $2.2bn wind farm deal with Vestas in May
Six banks to finance the project, including HSBC and Euler Hermes

Electricity Ministry considering 2,000 MW water pumping, storage station in Upper Egypt
Three foreign consulting firms to conduct studies in cooperation with HPPEA

Electricity Ministry to sign three agreements worth $6bn during Chinese president’s visit to Cairo
Final negotiations to take place with Shanghai, Dongfang, and Sinohydro after the agreements have been signed

2015 without outages or minimised loads: Electricity Ministry overcame the darkĀ
Minister of Electricity Mohammed Shaker said the ministry increased the capacities of the national electricity network by about 6,882MW, presenting urgent projects with estimated investments of about EGP 238bn by the end of December.

Petroleum Ministry requests additional EGP 500m per month from Electricity Ministry for fuel
Ministry of Electricity debts increased to EGP 76bn, saysfficial