Latest in Tag: Ministry of Electricity Highlight
Latest in Tag: Ministry of Electricity

900k users access Fixed Solutions’ platform for electricity services
Company also launches ‘Study in Egypt’ platform to help foreign students apply to Egyptian universities

Electricity Ministry aims to obtain land plot for pumped-storage plant
The technical aspects of the project were reviewed in cooperation with Artelia, which is responsible for the consulting work of the project.

Al-Sisi urges Egyptians to be patient, assures commitment to reforms
Investments of electricity production, transmission, and distribution amount to EGP 515bn, says Shaker

10 countries cooperate with Egypt on peaceful nuclear energy use
Checking El Nagila site to ensure it is suitable for establishment of reactors next month

Competitive bidding system for solar energy projects to be launched in Q1 2018
Electricity prices will improve after adding new capacities from renewable energy projects

Minister of Electricity inaugurates largest solar power plant owned by Credit Agricole Egypt
The station operates a capacity of 960 KW per day with investments estimated at EGP 3.25m

Government agencies’ dues to EGPC amounted to EGP 121bn at end of past FY
EGPC arrears to foreign partners reached EGP 80bn

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

Government considers applying new electricity tariff in July
Action takes into consideration low-income citizens, sources at the Ministry of Electricity say

EEHC contracts with Tractebel to evaluate offers on Hamrawein plant
The Belgian consultancy office will review the bids of seven global companies and coalitions, says El Desouky

Electricity Ministry to pay EGP 700m of fuel arrears to Petroleum Ministry
We aim to increase monthly amounts to EGP 1bn, says official

Unpaid dues to electricity ministry register EGP 1.2bn at end of December
The unpaid dues of business sector companies to the Ministry of Electricity and Energy amounted to EGP 1.2bn at the end of December. Sources from the Egyptian Electricity Holding Company (EEHC) said that the ministry suffers from a lack of liquidity, which may affect the electricity supply. They added that business sector companies, a number …

EEHC, Euro Africa Company sign MoU to conduct a feasibility study to link Egypt, Cyprus, Greece
The Egyptian Electricity Holding Company (EEHC) signed a memorandum of understanding (MoU) with Euro Africa Company to conduct a feasibility study to implement an electricity project that would connect Egypt, Greece, and Cyprus. Minister of Electricity Mohamed Shaker explained that the MoU includes a feasibility study that will determine the future steps that will be …

Ministry of Electricity presents new and renewable energy projects situation to cabinet
Companies call for amending feed-in tariff, reducing land use by 1%, abolishing value of cost-sharing agreement

Operation, maintenance for electricity plants to cost EGP 11bn in 2017: Electricity Ministry
Electricity Ministry collects EGP 7bn in bills revenues, awaits EGP 4bn from the government

Ministry of Electricity presents memorandum to cabinet to increase allocations after pound flotation
The ministry requires more than EGP 65bn in subsidies, and kilowatt production costs EGP 0.9-1.0 per hour

Ministry of Electricity begins maintenance of production plants in preparation for next summer
General Electric, Siemens, Hitachi, and Mitsubishi are the most prominent companies executing the maintenance

Siemens to begin operating 4 production units in Beni Suef, Borollos plants next week
The German company will add 1,600 MW to the national grid within 10 days, say sources

Government postpones execution of $15bn worth of electricity projects
The list includes plants in Dairout, Damanhour, El-Hamrawein, El-Mahmoudeya, Ataqa, and Qena; projects transferred to 2022-2027 Plan due to financial burdens and production surplus, say sources

Finance Ministry approves state guarantee for Toyota alliance’s Suez wind farm
Toyota, Orascom, GD France alliance to sign contracts with Egyptian Electricity Transmission Company in January

Ministry of Electricity postpones implementing Damanhour plant, include it in 2022 plants
Capacities added from Siemens projects cover all needs, says source

Ministry of Electricity sends power purchase agreement to international financers
IFC, EBRD to conclude review of contracts in 10 days, say sources

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

Recovered Energy offers to modernise, enhance efficiency of 6th of October City’s power plant with $30m
The company will sell the energy for a 12-year period; the cost of kilowatt/hour will drop down to 1.5 cents

6 offers under evaluation for water pumping, storage station in Ataka
The Egyptian Electricity Holding Co. has begun to evaluate the technical and financial offers to select the consultant

Ministry of Electricity owes Siemens €350m for maintenance, power plant upgrades
German company Siemens has maintained and upgraded a number of production units for the Ministry of Electricity worth €350m. An official at the Ministry of Electricity said that it had signed a contract with Siemens to maintain and upgrade a number of electricity production units in Nubaria, Talkha, Kureimat, Ayoun Moussa, and Sidi Kreir, …

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

Al-Sisi, Electricity Ministry to finalise contract with Shanghai Electric for coal-fired power plant in September
Three Chinese banks will finance the project, says Shanghai Electric Egypt director

Cabinet decides to extend electricity subsidy period over the weekend
Prices to be approved and applied mid-month

Ministry of Electricity negotiates with four consulting firms to establish substations in Aswan
Payment of cost-sharing third instalment postponed until completion of contract with the consultant