Latest in Tag: electricity Highlight
Latest in Tag: electricity

Bechtel seeks prominent role in Egypt’s infrastructure sector: David Welch
We as a company think that Egypt has been and will be a good place to work, says President of Europe, Africa and Middle East region

Economic reforms will continue to build on achievements: President Al-Sisi to Daily News Egypt
I do not discount the political and structural challenges that we have been wrestling and that still lie ahead: Egypt’s President Al-Sisi to DNE

Annual inflation drops to 8.3% in July: CAPMAS
Despite year-on-year decline, Consumer Price Index (CPI) increased 0.6% in July 2015 compared to preceding month

Al-Ahwani negotiates $ 115m loan with South Korean government
KOICA provided Egypt with a grant worth $ 1m to prepare feasibility studies needed to operate an integrated technological educational complex

Explosions target 2 electricity switches in Nasr City
No injuries or fatalities reported in incident
Egyptian firms fear political instability, corruption: EBRD
Firms also identified informal sectors as one of the main obstacles they face in Egypt, the EBRD’s latest report highlighted
Assassination plot foiled, bombs target electric installations
Another bomb exploded in Aswan railway station

EGAS suspends gas to 78% of fertiliser plants to save fuel for electricity
Suspension of fuel supply to El-Nasr, Helwan, Alexandria, Al-Masriya 1 and Al-Masriya 2, Apec and MOPCO

Mehleb inaugurates AOI’s PV solar panels production line
The organisation is currently preparing for the establishment of a 50 MW solar plant in Beni Suef

Government prevents blackouts via fuel supplies, station maintenance: Electricity ministry
A total of 3,632 MW has been added to the national grid through implementing the ministry’s urgent plan to meet electricity demand

15 projects worth $10m to be implemented with Chinese investments
Agreement includes five projects in electricity sector, six transportation projects and four Chinese direct investments projects

EGP 150m losses from electricity stations bombs: Electricity Minister
Electricity stations in Egypt are challenged by fuel shortage, maintenance and frequent bombings

Ministry of Electricity studies GE offer to build new energy generation centre
The project is to be built in Helwan to add 4,500 MW through combined cycle technology

Petroleum ministry to provide 135m cubic metres of gas daily in summer: EGAS
Approximately 83.5m cubic metres of gas, 24,000 tonnes of fuel oil and 8,000 tonnes of diesel provided daily to power stations

Egypt needs an energy mix with various sources
42% of electricity capacity spent in domestic use, only 35% goes to industrial use
Investments in electricity boosted through legislation: Electricity ministry
Al-Sisi to approve new electricity law, says ministry undersecretary

Power outages expected to decrease this summer: Ganoub El-Wadi official
Ministry of Electricity plans to add 3,600 MW of electrical energy in summer

Electricity storage is Egypt’s major challenge to renewable energy expansion
Assembly to be established to save energy produced by solar and wind stations by end of 2015, says Galal Osman

$500m to launch 750 MW capacity Banha power station
Station operates through combined cycle system, allowing production of one-third of energy without using extra fuel

EGP 750m investments for Taqa Arabia in 2015: Executive Chairman
Company is executing 150MW capacity power plant to use gas in oil fields

AfDB to provide electricity for 33.7 million people in Africa in 2014–2018
Overcoming Africa’s energy deficits will require investments of more than $60bn every year until 2040, report read

Finance Ministry provides EGP 136m for energy-saving lighting to decrease road accidents: Dimian
Dimian said the EGP 136m price tag represent 25% of the value of the project’s first phase, which aims to supply and install 1m devices. The project is set to reach approximately 3.98m devices with the completion of the six-phase project.

Arab Fund loans Egypt $216m for power station
Egyptian minister of international cooperation held meetings in Kuwait, in framework of the annual meetings held by Arab financial institutions

North Sinai residents’ daily suffering: Curfew, displacement, lack of access to services
“Many innocents disappear following arbitrary arrests,” says Sinai-based politician

More families evacuate Gaza borders in North Sinai
Local residents shed light on security state’s impacts on everyday life

Solar electricity: Contributing to grid stability
By Ahmed S. Nada, First Solar Governments, utility companies and private enterprises around the world have rapidly been embracing the potential to tap into our most abundant energy resource – the sun – and for good reason: the amount of sunlight that reaches the Earth’s surface every six minutes is sufficient to produce more electricity …

Summit’s 3rd day shows rise in renewable energy sector MoUs
Several Memorandum of Understandings (MoUs) were signed between international companies and the Ministry of Electricity regarding solar energy projects. MoUs were signed between Tharwa Investments and Electricity Holding Company to establish a coal-fired power plant with 6,000MW at a total value of $9.6bn. “We met 10 days ago, and now we are signing a MoU,” …

$500m to be invested by PepsiCo in Egypt in 2015: GM
The new investment law is there, but we need the government to make it happen, says Ahmed El-Shaikh
Various sector agreements could be signed during summit: Italian official
Twenty-five to 30 Italian companies from several sectors are participating in Egypt’s Economic Summit, Massimiliano Fachini, a member of the Italian delegation, confirmed to the Daily News Egypt. He added that the sectors represented include energy, electricity, manufacturing, cement, construction, finance and services, in statements on the sidelines of the summit in Sharm El-Shaikh. Discussions …

Ministry’s Safaga Industrial Port in line with policy limiting mineral exPorts: Abdel Nour
New Investment Law offers incentives for foreign investors including obtaining energy at low prices, industry minister says