Latest in Tag: electricity Highlight
Latest in Tag: electricity

Egypt raises electricity prices, phasing out remaining subsidies over 3 years
Household electricity prices increase by an average of 19.1%

Egypt to increase electricity project investments to EGP 700bn
No disruption to country’s electricity supply chain since 2015, compared to frequent 15-hour power cuts previously

EEHC completes production unit maintenance before increased summer consumption
Local and international companies implemented maintenance programmes in preparation for summer

113,600 prepaid electricity meters installed in places of worship
Requests to install coded meters will resume after curfew ends, says Hamza

EEHC allocates EGP 15.3bn for electricity projects in south Upper Egypt
Funds will go towards completing construction of Assiut’s Walidia 3 power station

Egypt allocates EGP 1.8bn to upgrade electricity networks in FY 2021
El-Sayed added that several major electricity projects have been established to meet development projects’ needs of power in Sinai, the Red Sea, and Sharqeya

EEHC subsidiaries hold general assembly meetings on 2020/21 budgets
In a statement, the EEHC said the meetings come as part of the continuous development of these subsidiary companies and their performance.

Electricity projects not affected by COVID-19: Shaker
Ministry of Electricity has ensured diversity in projects’ capabilities to keep electricity supply running

EETC builds new transformer stations to supply North Coast projects, Libya with electricity
The 40km long Abu Al-Matamir – West Borg El-Arab recreational aerial line, which has a voltage of 220 kV, was also completed at an investment of EGP 35.2m. Additionally, the37.5km long, 220 kV El-Ameed/Borg El-Arab recreational circuits was completed at an investment cost of EGP 28.2m.

200,000 PoS available for e-payments of electricity bills to reduce coronavirus spread
Out of which, 120,000 are Fawry PoS, the remaining 60,000 belong to other e-payment services including Masary, Aman, Bee, and several others.

EgyptERA updates procedures for new electricity connections to non-industrial properties
Applicants should fill new connection form and submit it to the eligible distribution company with the required documents attached.

Reducing electricity prices for households not likely, but exempting segments is possible: sources
Subsidies in current fiscal year are EGP 33.5bn

General budget bears EGP 6bn extra expenses after cutting electricity prices for factories: source
Law allows government to adjust power prices and bear cost difference

Egypt prepares to reprice electricity in July
Initial features indicate slight increase in prices, not affecting low-income

Egypt aims to issue unified regulation of electricity supply
A source from the agency told Daily News Egypt that electricity distribution companies were conducting standardised measurements up to 5000 kVA, but each company had its own rules for transformer stations, contracting capabilities and measurements, and procedures and rules.

Egypt will stop collecting cleaning fees on electricity bills starting July
Egypt Sovereign Fund is still selecting a consultant for the evaluation of Siemens power plants

Egypt studies new electricity tariffs starting July in line with lifting subsidies
EgyptERA electricity pricing officials are working on preparing the electricity tariffs based on income, spending, and consumption studies.

Cabinet abolishes unmetered connections, replaces it with temporary metering system
Distribution companies start receiving orders this month

Government sets regulations for electric car system before end of 2020
Current tariff at EGP 1.45 per kW/h, Infinity E offers it free

Egypt’s electricity surplus exceeds 1,300MW on Monday
According to EgyptERA’s daily bulletin, the average CO2 equivalent emissions is 477.74 grams per kW/h.

High Dam electricity output reaches 1,750MW due to periodic maintenance
Overhauling two 350MW units, programme to be completed in May 2020

Egypt exports EGP 1bn worth electricity to Jordan, Libya in FY2018/19
EETC is negotiating new 2,570MW renewable energy projects, says Mashaly

How does Egypt plan to produce 42% of its electricity from renewables by 2035?
According to the 2035 strategy, Egypt will produce 61,000MW from renewables, of which 31,000MW solar power, 12,000MW CSP, and 18,000MW wind power

Egypt studies providing EV charging stations at electricity distribution companies
Shaker noted that Egypt has huge daily reserves of electricity up to 20,000MW that can be used in many fields.

Egypt ERA notifies 3 companies over electricity price violations
The violating companies includes Egyptian Gulf Company for Tourism Projects, Misr Italia, and UGCO

Unified measurement of electricity consumption to launch in April 2020: Shaker
This came during a meeting with the Committee on Energy and Environment in the House of Representatives chaired by Talaat El-Sewedy on Monday, to discuss challenges facing the electricity sector.

Untapped potential in MENA’s cross-border power interconnection
WBG, LAS, and AFESD launch 1st Pan-Arab Energy Trade Conference in Cairo

Misr Helwan reaches debt settlement deal with South Cairo Electricity Distribution Company
According to the agreement, Misr Helwan will swap its debts owed to the electricity distribution company, estimated at EGP 143m until August 2019, for real estate assets after their valuation.

Egypt to export electricity to Sudan in 1Q 2020
Alternative feeding will be completed via Owainat-Balat line in December

Factories and companies turn to solar energy to reduce electricity bills
Infinity Solar aims to launch 200 MW power plants, sell power to factories