Latest in Tag: electricity Highlight
Latest in Tag: electricity
Electricity exchange with Jordan falls due to self-sufficiency
Voltage increased from 220 KV to 400 KV
Egypt ERA amends regulations of 500 KW solar plants
The surplus production of power will be sold at 68.9 piastres per KW/h
Electricity Ministry ready to contract with investors to purchase electricity produced from waste recycling projects: minister
No third phase for the feed in tariff projects
Electricity Ministry ready to contract with investors to purchase electricity produced from waste recycling projects: minister
The Ministry of Electricity has been able to secure electric feed to all citizens, despite the high temperature. It is now working to improve the service and link all consumers to the grid, through an integrated plan that includes developing and upgrading the grid, next to opening the door for Arab and foreign companies to …
Receiving inquiries of competing companies on tenders of electrical connection with Saudi Arabia postponed
Improved relations with Riyadh will contribute to the implementation of the project, tenders to be completed next month: say sources
Higher electricity prices increase cost of accommodation: tourism officials
We have known about increasing electricity prices two years ago, says Naguib
Government and private agencies overdue electricity bills amount to EGP 30bn
Prime Minister gives directives to cut off electricity from late agencies
Energy subsidy cuts, take its toll on the average Egyptians
Egypt, a country with a population of 90m, where more than 28% of them live below the poverty line, has been suffering following the 25 January Revolution in 2011 from economic challenges and political instability. These factors intensified Egypt’s already-existing structural problems. Since November 2016, when the authorities started to implement the economic reform programme …
EGP 22.5bn allocated to develop electricity distribution networks within three years
The Ministry of Electricity has allocated EGP 22.5bn for the maintenance of cables and developing electricity across the country within the next three years. El Husseiny El Far, member of the affairs of electricity distribution companies department in the Egyptian Electricity Holding Company (EEHC), said that the strategy of the ministry in 2017 is focused …
Government will completely abolish electricity subsidies in 2022: Shaker
Hiking prices is unrelated to IMF loan, signing of Dabaa contracts within months
18-42% increase in electricity prices
EGP 19.4bn were allocated to increase electricity production
Increasing electricity prices expected to proceed EGP 30bn
Prices for industrial activities to be surged by 30-40%, EGP 47bn allocated for household subsidy
Egypt achieves electricity surplus after years of deficit
Investment in the oil sector turned from importing into self-sufficiency
Parliament discusses loan for developing transmission and distribution network of electricity
Parliament will discuss a loan agreement worth EGP 37bn for the development of electricity transmission and distribution network on Monday. MP El-Sayed Hegazy stated that the terms, conditions, and mechanisms of the loan submitted by local banks to the Ministry of Electricity will be reviewed by the General Plenary of the House of Representatives. The …
Government to decide on electricity price increase by end of June
Shaker is scheduled to hold a press conference to announce the increase in electricity prices by first week of July
Electricity Ministry allocates EGP 7bn to develop transmission companies next FY
EEHC to disburse compensation for equipment companies to cover for exchange rate difference following flotation
$243m from JICA to finance EEHC’s automated control centres
The loan will be paid on 30 years with 10-year grace period and 0.01% interest rate
8 companies present technical offers for electricity linkage with Saudi Arabia
Hyundai, NCC, State Grid, and Kalpataru are the main competitors
Siemens to commercially operate 4,800 MW next week
Ministry of Electricity approved repayment of €100m for Siemens at end of the month
Egypt considers establishing 1 GW solar energy station
A new factory to build solar panels is also planned
Electricity Ministry set to decide on new tariff increase this month
Average households will see 20-40% increase, subsidies to continue for 5 more years
5 companies granted temporary licences to produce solar energy
The flotation of the pound increased the price of licences
Electricity companies collected EGP 500m from power thefts over 3 months
Electricity distribution companies collected a total of EGP 500m from power thefts between January and March. Sources at the Ministry of Electricity said that South Cairo Electricity Distribution Company, North Cairo Electricity Distribution Company, North Delta Electricity Distribution Company, and Canal Company for Distribution of Electricity are the highest collectors of fees for power thefts, …
Tenders for the Egypt-Saudi Arabia electricity interconnection projects on 16, 19 April
Strained relations between Cairo and Riyadh were amongst the reasons for the postponement
Electricity companies negotiate with banks to borrow $400m
List of banks includes Banque Misr, NBE, AAIB, CIB, and QNB
EGBank lends UEEPC EGP 2bn to finance maintenance
The first portion, worth $50m, was provided this week, says El Shahat
Egyptians consumed electricity worth EGP 5.5bn in the last month
Government agencies dues amount to EGP 1.7bn, household sector most committed to payment
How will Egypt benefit from the energy surplus?
Estimated 15,000MW reserve of electrical capacities by May 2018
Commercial operation of Siemens power plants to begin next week
Siemens will add 1,200MW to the electricity grid from the Beni Suef power plant, and 800MW from New Administrative Capital and Borollos power plants
Egypt exchanges 770MW of electricity with Jordan and Libya
Ministry of Electricity aims to increase the electricity connection with a number of neighboring countries to about 2,000MW by next year