Latest in Tag: electricity Highlight
Latest in Tag: electricity
After long delay, Egypt plans to gradually increase electricity prices over five-year period, Mashaly
The cost of production for one kilowatt-hour is currently EGP.79 while the sale price is EGP.39
Banque Du Caire to invest EGP 700m in transport, electricity sectors: chairperson
The bank will focus on the energy and transport sectors in part due to the large social impact and for their alignment with the government’s development plans, according to al-Zahid
NREA targets projects worth 12bn euros over 7 years: El-Sobky
NREA will put to tender new solar plants and wind farms with the capacity of 500 MW by end of December
We aim to reach an electricity surplus of 25%: Electricity Minister Mohamed Shaker
We are prepared for the high electricity demands of the summer and ensure that there will not be any blackouts, said Shaker
Renewing Egypt’s energy sector
After a period when electricity shortages and black-outs were a regular occurrence in Egypt, we are now entering an exciting period in the Egyptian energy sector, despite the challenges of the prevailing economic climate. Government initiatives to prioritise electricity provision to residential and commercial areas and the emergence of the private sector in generating electricity …
Ministry considering extending timeline for lifting electricity subsidies
The proposal for extension will be sent to the cabinet after completion, says Shaker
14 million citizens consume electricity without payment: cabinet
Government has installed new electric meters, but adherence to electrical code will not save unlicensed buildings from demolition
Recovered Energy allocates $50m to launch recycling projects to generate electricity
Recovered Energy is conducting technical and financial studies in preparation for the launch of recycling projects
56 companies receive temporary licences for establishment of solar, wind plants
There were no other requests and all applicants were granted approval, says EEUCPRA Director of Licensing
Tourism sector in EGP 71.9m debt to 4 electricity companies: Tourism Ministry official
Non-performing bodies will schedule receivables, with several facilitations and incentives in payment
Egypt obtains KWD 30m loan to fund electricity linkage with Saudi Arabia: Cabinet
China grants Egypt $31.5m for projects to be agreed upon in upcoming days, according to government official
EGP 3.82bn in investments for electricity distribution networks in 2016
A source at the company said electricity distribution companies need 79 medium-voltage dispensers that cost EGP 24.8m, medium voltage network lines 1,375km long that cost of EGP 234.9m, and 3,498km long cables that will cost EGP 1.2bn.
Egypt offers electricity-generating projects, railway to China next month
Cabinet investigates Beijing’s potential contribution to New Administration Capital, Suez Canal, according to cabinet spokesperson
Egypt’s nuclear dream realised with Russian technology after 60-year delay
Egypt will enter 2016 with economic solutions for the provision of sustainable electricity through the nuclear plant, along with other projects to generate solar and wind power.
Al-Dabaa media gag order stirs controversy
Not enough details have been revealed regarding reasons or entities behind the decision
Dark days on Crimea: Russia and Ukraine rattle sabers
Electricity cables cut, no trade between Ukraine proper and the Crimean Peninsula, no gas supply: Once again Ukraine and Russia seem headed for confrontation. The US and Europe fear for the future of the Minsk Protocol. Crimea has recently experienced its darkest hours in memory – literally. The peninsula, annexed by Russia in 2014, was …
ABB promises to add 10 GW to national power grid
The Swiss company aims to double investment in Egypt, upgrading infrastructure
El-Dabaa nuclear station to generate electricity in 2024: Prime Minister
Egypt will repay the Russian loan using profits from electricity production, according to Al-Sisi
Petroleum Ministry requests additional EGP 500m per month from Electricity Ministry for fuel
Ministry of Electricity debts increased to EGP 76bn, saysfficial
Siemens, Elsewedy Electric sign €2bn power plant agreement
Project is expected to begin operations by end of 2016 and to reach full capacity by mid-2018
Minister of Electricity reveals mechanisms of access to nuclear fuel, ways to dispose of it
Shaker explains terms of IAEA and Russian company to create El-Dabaa nuclear power plant
Frame of obligations set in power purchasing agreements’ final draft
Seller and buyers’ obligations for electricity have been defined in the final draft of the power purchasing agreement, which Daily News Egypt obtained a copy of. According to the draft, the electricity seller should design, procure, install, and test the production facility, as well as own it, operate it and maintain it. All electricity generated …
Cabinet agrees on tariff of buying electricity from waste by EGP 0.92/kWh
By Mohamed Farag and Shaimaa Badawi The cabinet approved a system of buying electricity and petroleum products taken from recycling factories with prices amounting to EGP 0.92 per kWh, with 70% of the international prices of the products, in accordance with the specifications. Payments should be in Egyptian pounds. According to the cabinet’s decision, the …
Siemens studies expanding electricity agreement with Egypt
CEO met with Al-Sisi on Sunday to discuss cooperation with the Egyptian Ministry of Electricity
$50m loan from AFDB to finance Egypt’s share in joint Egyptian-Emirati company
The AFDB will give a loan of around $50m to the New and Renewable Energy Authority (NREA) for the project.
Banque Misr considers financing major sectors with EGP 43.5
Bloomberg awards the bank for being the best in marketing joint loans and financing projects in Africa for the third consecutive quarter
Ministry of International Cooperation, AfDB sign $650,000 grant agreement
Finance is for first phase of initial feasibility studies needed to establish shipping line connecting Mediterranean Sea and Lake Victoria
Wind farm project remains under negotiations: Suez Cement MD
Company is still holding discussions with Egyptian authorities to ensure project is viable to be financed
IAEA interested in assisting Egypt in Dabaa Nuclear Power plant
Director General of IAEA expressed willingness to send delegation to Cairo to assist in putting up regulatory framework for project establishment
Technical proposals for electricity interconnection project with Saudi Arabia to be presented
Siemens, Alstom and ABB compete for the establishment of three transformer stations: Al-Hanafy