Latest in Tag: electricity Highlight
Latest in Tag: electricity

No electricity price increases since January 2013: Minister of Electricity
Minister Mohamed Shaker tells citizens to direct complaints over rising energy to companies that provide the service
Banks should contribute to all economic sectors equally: Bankers
“What matters for banks is the ability to meet deadlines for loan repayments,” says former Chairman of Misr Iran Development Bank

Power plants upgrade to begin mid-February
The upgrade project will cost EGP 900m and will be financed by several international entities along with the national East Delta Electricity Company

Banque Misr provides EGP 285m of Islamic funding to Upper Egypt Electricity
The funding will be used to maintain and renovate the Al-Waledeya station’s first unit boiler, which will be carried out by the boiler’s original producer Mitsubishi.

India’s ‘Gilbertaro’ wins National Electricity Network contract
The contract shall be concluded Sunday between the Egyptian Electricity Transmission Company and the Indian Company with a total amount of $95.7m, including $57.7m, €19.7m and EGP 108.6m

Second annual Power and Electricity Summit to launch in January
Minister of Electricity says summit will discuss the national five-year plan (2012-2017) for electricity expansion

Keeping with ‘environmental fundamentals’ will support tourism industry: Zaazou
A new protocol aims at helping touristic facilities adopt green energy practices

Minister of electricity meets with World Bank
The minister discussed current and future projects of the bank in Egypt

Banque Misr and UEEPC sign EGP 285m loan agreement
The loan will be used to finance renovations in Assiut’s power station

Negotiations fail between EGAS and Shell over gas supply for next summer’s electricity
Sources revealed that EGAS negotiated with Shell and other companies to import between 500 and 750 million ft3of gas per day to cover the electricity power stations’ needs.

Egypt-Saudi Arabia electricity interconnection project tendered in five international bids: Ministry of Electricity
Deadline for consultants offers’ extended to the 30 November

Ministry of Electricity attempting to overcome energy challenges
The government is studying alternatives to gas usage, investments with foreign companies and is seeking to build wind farms for electricity production.
Ministry of Electricity calls for international tenders for Egyptian-Saudi linkage project
The minister said that he expects to send the list of references to 10 international consulting firms and to receive their technical and financial proposals in order to select the most favourable one.

Tender process for Dabaa Project to begin in ten days: Minister of Electricity
Minister of Electricity Ahmed Imam emphasised that the government would not wait for the next parliamentary elections and would begin the tender process immediately after the cabinet and High Council of the Peaceful Use of Nuclear Energy sanction the project.

Low gas supplies cut into cement production
Titan Cement Company suggests coal as alternative energy source

National electric grid to see 3400 MW capacity boost: Ministry of Electricity
Ministry says news capacities will help address the loads of summer

Alternative payment methods generated for electricity bills
North Cairo Electricity Distribution Company and National Bank of Egypt sign agreement to receive payments online
Ministry of Electricity denies corruption accusations
Ministry of Electricity and Energy condemns allegations made by former minister of petroleum Osama Kamal that it had imported low quality power stations

Ministry of Electricity to receive bids for construction of first solar power electrical plant
23 Egyptian and international companies to take part in tender

Second stage of smartcard programme in the works: petroleum minister
Second stage implementation will follow delivery of smartcards to citizens and data entry

OPEC helps finance Egyptian power station
The announcement came after the signing of an official agreement stating that the OPEC fund will contribute $70m to the project.

Banha electrical power plant to begin providing services next month: Ministry of Electricity
The project will be implemented using a total of 17 multiple processes. This will be done to allow the largest number of local companies possible to take part in the project, whose total cost is estimated to reach EGP 4.450bn.

Electricity blackouts return on fuel shortages and high consumption
Abu El-Ela said that the ministry will address this shortage by reducing loads on power grids.

El-Beblawi: Preparing the economic roadmap and strategic vision for the future
Prime Minister Hazem el-Beblawi seeks to boost ailing economy

High consumption and temperatures cause blackouts
The peak load of electricity hit an alarming 26,100 megawatts, National Energy Control Centre said

Power cuts spark lawsuits against government
Civil society groups demand government timetable cuts

Government devises blackout warning system
TV and radio warning system will alert Egyptians of impending blackouts

Four protesters arrested outside Morsi’s home
The detainees were part of a demonstration on Sunday against the recent power cuts witnessed across the country

Egypt, Saudi Arabia sign MoU for electricity linkage project
Grid would eventually link 14 Arab countries

$500m to be used for importing petroleum products
The Electricity Ministry would first make available $200m in funds in order to purchase and distribute 400,000 tonnes of mazut fuel oil as part of a strategic reserve for the country’s electricity stations.