Latest in Tag: General Electric Highlight
Latest in Tag: General Electric

Egypt can make sizable decarbonisation by retiring expired energy assets over 5-10 years: GE Gas Power’s Khalidi
Over 80% of country’s power generated by traditional fossil fuels, including up to half from gas

Egypt, General Electric explore improving digital health services
Officials discuss enhancing public-private dialogue

General Electric seeks to expand investments, launch renewable projects in Egypt
American company offers using hydrogen to generate electricity

ACWA Power compares 3 bids to supply production units for Luxor power station
Siemens, General Electric, and Mitsubishi are competing on supplying the units, says sources

How General Electric became a general disappointment
Turbines built by GE create a third of the world’s electricity. But with a $9.8 billion loss and the looming risk of dropped from the Dow, GE is in a real-time meltdown. From New York Lindsey Rae Gjording reports.General Electric (GE) has a real spending problem. Although the American engineering conglomerate claimed not to overcompensate …

GE’s CEO outlines plan to spin-off its businesses
General Electric (GE)’s CEO John Flannery indicated on Tuesday that he was planning to find ways to increase the value of the company’s power, aviation, and healthcare sectors, after reporting $10bn in losses in its latest quarter. Reuters reported that Flannery responded to an analyst question on the subject by noting the possibility of “separately …

GE reports huge loss amid regulators’ probe
GE’s executives had already announced a major restructuring initiative in November of last year, followed up with 12,000 job cuts in the power unit in December.

GE demands Electricity Ministry pay $148m
Payment due for maintenance, says source

EETC to complete studying 7 company offers to upgrade control centres next month
Siemens, General Electric, ABB are top contenders

GE’s new Badr substation in Egypt connects 1.5 GW to the gridÂ
The new substation will secure power supply with minimum loss of transferred power

GE to build Egypt’s first utility-scale solar power plants with 1,500-volt technology
The deal is part of the government’s landmark solar FiT program

GE secures financial closure to build four substations that will connect 7 GW of powerÂ
The four substations will connect 6.5 million homes to the national grid

GE to turn Egypt into manufacturing hub over upcoming years
Government reforms are bold but require faster pace

GE signs $575m agreement to develop railway infrastructure in Egypt
The company will supply 100 locomotives and 15-year parts agreement to support Egypt’s transport and infrastructure

GE seeks to participate in Egypt’s 2030 Development Vision through digital solutions
I met with some officials from the Egyptian Electricity Holding Company and Communications Ministry to review our most prominent technological solutions

GE to localise manufacturing of its equipment in Egypt
The company is looking for another location to establish a new facility

Negotiations with GE for developing railways
Investment Minister discusses establishing solar energy plants with Italgen

GE signs agreements to boost Iraqi power infrastructure
The agreements promise to supply the Iraqi national electricity grid with over 2 GW of power, secures the delivery of 1.75 GW of existing power

GE aims to increase investments in its Dubai services centre to face the growing demand of energy projects
The company contributes to the generation of 30% of Egypt’s energy production through its equipment

General Electric carries out $80m maintenance in Koraymat, North Giza power plants
General Electric began maintenance works to raise the efficiency of Koraymat and North Giza power plants at a cost of $80m. The company is maintaining and raising the efficiency of two units in Korayman power plant at a total cost of $70m ($35m each), and is maintaining North Giza power plant at a cost of …

Egypt has always been a huge market with many opportunities for investment: GE CEO for north east Africa
The company stood by Egyptians during and after the revolution; to continue supporting Egypt no matter what matters arise

Egypt set to be regional leader in engine repair, cementing relationship with GE: VP
EgyptAir and GE sign agreement for maintenance, repair, and overhaul consulting services to assist in the development of overhaul capabilities for 17,000 engines

MHI Technologies establishes subsidiary in Egypt
Mitsubishi announces the establishment of a regional headquarters in Egypt to meet growing demand in Africa

EgyptAir signs GE’s TrueChoice agreement for overhaul consulting
The comprehensive agreement covers technical support, consulting for maintenance, repair, and operations (MRO), facility readiness, tooling optimisation, and other necessary services required to achieve facility certification

GE agrees with Harbin to establish coal-fired power station for $8bn
Ministry of Electricity and Energy awaits cabinet’s approval to conclude signing of agreement to carry out first phase of project within two months

General Electric invests $340m in Egyptian market in 2016: North East Africa CEO
GE is negotiating with a foreign company in Egypt to participate in developing oil field in Mediterranean, says Khattab

Electricity Ministry owes $148m to General Electric for maintenance work on plants
GE overhauled the electricity generation units over the last 6 months, a prominent official at the Ministry of Electricity said. These operations included many production plants in Ataqa, El-Mahmudeya El-Nubareya, North Delta, and other production units

GE signs cooperation protocol with EETC to reinforce national grid
The protocol includes four substations that will be supplied with Gas Insulated Switchgear technology

GE offers to establish wind power plant with $150m investments
The US company aims to establish a factory to manufacture wind turbines in Egypt

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