Latest in Tag: electricity Highlight
Latest in Tag: electricity
EETC signs for $757 loan with Export-Import Bank of China
Chinese State Grid to establish 1,210 km-long lines, government guarantee to be agreed within days
Government considers 4 scenarios for future provision of electricity subsidies
The government is considering four scenarios for the future provision of electricity subsidies, on the back of liberating the Egyptian pound and the surge in fuel prices. Government sources said that the first scenario involves the complete amalgamation of subsidies starting from the fiscal year (FY) of 2018/2019, especially as citizens will not tolerate any …
Electricity production costs to increase by 40%
The cost of the production of electricity is expected to increase by 40% following the flotation of the Egyptian pound on Thursday
Prysmian Group wins tender for Egyptian-Saudi electrical interconnection cables project
Lines tenders at the end of October, Transformers on 17 October, says Abdel Rahim
Investment banks prepare list of recommendations for timing, ratios of government propositions programme
Recommendations address proposals on the appropriateness of conditions for the companies that the government did not settle on yet, to be offered in the food industry and electricity sectors
Unpaid dues to Ministry of Electricity register EGP 89bn at end of August
Distribution companies, officials not to talk about unpaid dues, based on Shaker’s strict instructions
Next year’s challenges include securing energy sources, institutional reform, governance of companies: Electricity Minister
Production, transmission, and distribution project until 2018 to cost over EGP 136.4bn
EETC discusses technical notes on linking with Saudi Arabia transformers
Italian Prysmian and Norwegian Nexans bid for cables tender
Government must improve efficiency of electricity consumption to coincide with price increases: expert
When the government announced two years ago its hope to cut electricity and petroleum subsidies, it did not provide any programme to protect the poor from the harm it would cause them due to the inevitable price increases. Even when it said that the money saved from cutting subsidies would be used to improve living …
Expected to be another heavy burden for the poor, citizens refuse electricity price increases
After another increase in electricity prices, citizens appear to not be receptive to this new measure at all, especially as the majority of them have not seen any increases in their salaries in the meantime. Some may save some money by cutting unnecessary habits, others could rationalise energy consumption. Daily News Egypt asked people on …
Cabinet to approve purchase-tariff of electricity generated from waste
At EGP 0.92 per KW, prices will be linked to the inflation rate and land will be provided on a usufruct system for 20 years
Government announces electricity price increase in subsidy reform strategy
The state is continuing its economic reform and liberalisation by scaling back subsidies on electricity consumption; it too early to see how the reforms will affect Egyptian consumers, says Arqaam Capital Researchers
Average collection rate of July electricity bills hit 90% before increase
Shaker is announcing the new tariff at a press conference in the presence of distribution companies
Is energy-efficient Germany out of our league?
It triggers both fascination and envy to know about other countries achievements in diverse fields, while we in Egypt persistently undergo electricity cuts and water shortages. Now that it is summer time and consumption is skyrocketing, the occurrence of these phenomena is also going to increase. While we use natural gas, diesel, and fuel to …
3 electricity projects subject to minister’s decision on ‘arbitration’
The companies include ACWA Power, Al-Nowais, and Toyota’s alliance to establish plants worth $7bn
Confusion in electricity sector as price increases not applied for July
Distribution companies to issue July’s bills at 2015 feed-in tariff rates, awaiting minister’s speech
Dabaa nuclear plant final contract to be completed
A misplaced comma in the contract may cause crisis, says Minister of Electricity
24 solar power plants sell 1,183 KW of electricity to SCEDC
Ministry of Electricity and Renewable Energy plans to produce 300 MW from the small solar power plants in the first phase—via the feed-in tariff system—and 1,000 in the second phase
Egypt-Saudi Arabia electricity interconnection project to be put up for tender at end of June
International companies have a good chance at making technical and financial bids, and we will begin receiving offers by next month, said EETC chairperson Gamal Abdel Rahim.
Tarek Nour wins bid to launch electricity rationing awareness campaign
The company beat seven advertising agencies for the 3-year contract
NSPO subsidiary chosen as smart electricity meter project consultant over Booz Allen Hamilton
Eight companies to submit their offers to supply 250,000 smart meters on 12 July
Al-Sisi’s motive to eliminate power outage crisis in two years
Signing new projects and providing fuel to plants are among the most prominent directives of the president
Unpaid dues to Ministry of Electricity register EGP 88bn at end of May
EGP 65.4bn in late dues of ministries, government agencies, and sovereign entities
Government to secure 18m cubic metres of gas/day for Siemens power plants by year’s end
The three projects require 66m cubic metres of gas per day to run at full capacity in 2018, says EEHC chairperson
Electricity Ministry agrees with NI Capital to establish 4 companies in June
EEHC to participate with 51%, the IPO will be held after assets are estimated, says chairperson
NBE considers granting EGP 7bn to economic sectors in coming period: deputy chairperson
The bank settled EGP 2bn of non-performing debts from July 2015 until the end of April 2016, says Aboul Fotouh
NI Capital to finish studies to establish two electricity production companies in October
Studies have three stages of evaluation including current situation of the assets, separating companies, and marketing the projects
15,000 MW electricity surplus by end of next year, government considers exporting
$13bn expansion plan of national grid capacity to 21,952 MW by 2018, says Electricity Ministry spokesperson
87 investment alliances ready to operate in renewable energy
Egypt is an ideal model for attracting companies operating in the solar power sector, says Acwa Power Egypt director
Government presents plans to create competitive investment in Egypt’s electricity market
Smart meters reduced water consumption by 40% and electricity consumption by 26% in Madinaty: Afify