Latest in Tag: The Egyptian Electricity Holding Company Highlight
Latest in Tag: The Egyptian Electricity Holding Company

EEHC to implement EGP 32.4bn investment projects in FY2021: chairperson
4.4% growth in energy sold to consumers is expected in next fiscal year, says Desouky

EEHC pays EGP 27.3bn to EGAS for 6 months’ worth of fuel
EGAS dues exceeded EGP 165bn end of 2019

EEHC postpones signing Oyoun Moussa coal plant contracts
Another reason is also the difficulty of establishing a special port to receive coal for the project in the region of Oyoun Moussa, as the water there is very shallow, which requires the construction of the port deeper inside the water, which would raise the total cost of the plant.

EEHC aims to implement asset management programme to curb financial burdens
Law allows offering 49% of ownership to private sector, says Salmawy

EEHC collects accumulated dues of EGP 6.1bn owed by government bodies
Total dues estimated at EGP 34.3bn until February

EEHC stopped 18,000 MW production units for lack of demand
List includes Siemens, Urgent Plant, Attaqa, Mahmoudiya, and Kafr El-Dawar power plants

EEHC considers establishment of two water pumping, storage plants for $5bn
Company will contract with Sinohydro to implement Ataka power plant next month

EEHC to start repaying loans for Siemens plants to German banks in December
First batch ranges from €100-150m after commercial operation, say sources

EEHC contracts with JEPCC to carry out mechanical work of West Cairo Power Plant
Cost estimated at EGP 605m, implementation to be completed within 30 months, says El Desouky

EEHC looks to borrow $90m for Upper Egypt Electricity
Loan to finance maintenance programmes, GE began implementation, says El-Shahat

EEHC to complete evaluating financial bids for Hamrawein power plant in March
Mitsubishi Hitachi, Orascom Construction, and Elsewedy consortium will probably win the tender: sources

EEHC to settle operation, maintenance tender of Siemens power plants within 2 months
Company received 100 inquiries from 8 companies, alliances competing over tender

Electricity Ministry contracts with 3 companies to implement electrical, mechanical works for EGP 2.1bnÂ
Elsewedy will handle mechanical works of Assiut electricity plant for EGP 1.5bn

KSB to establish west Cairo, Al-Walidiyah pumps for EGP 652m
The Egyptian Electricity Holding Company (EEHC) has contracted with the German KSB Company to establish pumps for two power plants in west Cairo and Al-Walidiyah in Assiut, at a cost of EGP 652m. Gaber El Desouky, head of EEHC, said that the total contract value for the west Cairo power plant pumps includes a foreign …

JICA finances automatic control projects of EEHC with JPY 10.7bn
First portion of the loan to be paid next week, repayment will be on 30 years, interest will be 0.01%

EEHC provides second portion of EGP 37.4bn loan end of October
Political leadership is a key factor in supporting the electricity sector, says Shaker

$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

EEHC receives three bids to establish Hamrawein coal plant
American, Chinese, Japanese companies made offers, negotiations with Tractebel to handle assessment

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

Tender envelopes in Egypt-Saudi Arabia electricity project to be opened in March
High-level Saudi delegation to visit Cairo next month to review tender controls

EEHC seeks to borrow EGP 10bn to finance projects in electricity transmission, distributionÂ
The company is communicating with NBE, Banque Misr to arrange a syndicated loan, say sources

EEHC contracts with Doosan Group to supply turbine, generators to Assiut power plant for $61.6m
The Egyptian Electricity Holding Company (EEHC) signed a contract with Doosan Group to supply a turbine, condensers, and generators to the Assiut power plant for $61.68m. A source at the EEHC said that several other companies had presented their bids to the tender, before it was awarded to Doosan Group. These companies included Mitsubishi Hitachi …