By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    blinx: New digital media hub for Middle East’s youth
    blinx: New digital media hub for Middle East’s youth
    September 24, 2023
    ADNOC Distribution launches first ADNOC service stations in Egypt
    ADNOC Distribution launches first ADNOC service stations in Egypt
    September 24, 2023
    Banks’ financial position grows to EGP 13.798trn in 1H 2023, CBE reports
    Banks’ financial position grows to EGP 13.798trn in 1H 2023, CBE reports
    September 24, 2023
    Shell, KUFPEC partner to explore Egypt's Mediterranean Block 3
    Shell, KUFPEC partner to explore Egypt’s Mediterranean Block 3
    September 24, 2023
    Food Export Council holds symposium on challenges of food exports to EU, US
    Food Export Council holds symposium on challenges of food exports to EU, US
    September 24, 2023
  • Politics
    PoliticsShow More
    Egypt, India affirm their strategic partnership, discuss regional issues
    Egypt, India affirm their strategic partnership, discuss regional issues
    September 24, 2023
    Pope Francis denounces ‘invasion’ rhetoric on migrants
    Pope Francis denounces ‘invasion’ rhetoric on migrants
    September 24, 2023
    Sudanese leader Al-Burhan denounces RSF commander’s letter to UN
    Sudanese leader Al-Burhan denounces RSF commander’s letter to UN
    September 24, 2023
    Egypt, Greece, and Cyprus stress coordination on gas, regional issues
    Egypt, Greece, and Cyprus stress coordination on gas, regional issues
    September 23, 2023
    CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
    CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
    September 22, 2023
  • Interviews
    InterviewsShow More
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    September 18, 2023
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    September 14, 2023
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    September 12, 2023
    India welcomes Egypt's BRICS membership: Boosting trade, investment, and access to strategic commodities
    India welcomes Egypt’s BRICS membership: Boosting trade, investment, and access to strategic commodities
    September 11, 2023
    The box office is not a measure of success: Basma Hassan
    The box office is not a measure of success: Basma
    September 6, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: XD-Egemac implements 80% of electricity transformer stations in Banban
Share
Notification
Latest News
Egypt, India affirm their strategic partnership, discuss regional issues
Egypt, India affirm their strategic partnership, discuss regional issues
Politics Egypt
Pope Francis denounces ‘invasion’ rhetoric on migrants
Pope Francis denounces ‘invasion’ rhetoric on migrants
Politics World
blinx: New digital media hub for Middle East’s youth
blinx: New digital media hub for Middle East’s youth
Business
National Cancer Institute, Novartis Egypt host run to raise awareness on World Chronic Myeloid Leukemia Day
National Cancer Institute, Novartis Egypt host run to raise awareness on World Chronic Myeloid Leukemia Day
Culture
ADNOC Distribution launches first ADNOC service stations in Egypt
ADNOC Distribution launches first ADNOC service stations in Egypt
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > XD-Egemac implements 80% of electricity transformer stations in Banban
Business

XD-Egemac implements 80% of electricity transformer stations in Banban

Mohamed Farag
Last updated: 2017/02/07 at 6:06 PM
By Mohamed Farag 3 Min Read
Share
SHARE

The Chinese-Egyptian XD-Egemac Company completed the implementation of 80% of electricity transformer stations that transfer electricity produced by solar plants in Banban and Aswan, which will be launched according to the feed-in tariff system.

A source in the company said that XD-Egemac received 70% of its dues worth about EGP 447m. The source added that the company is to complete the implementation of four transformer stations in Banban within 60 days.

The source said that the company operates according to a timetable agreed on with officials of the Ministry of Electricity, especially since the participating companies in the first and second phases of the feed-in tariff projects will need up to three months to build the stations. XD-Egemac will be completing the transformer stations within this time frame.

XD-Egemac contracted with the Ministry of Electricity to supply stations and transformers in Banban to transfer electricity produced by solar energy projects, according to the feed-in tariff that amounts to EGP 650m.

The source pointed out that the company will establish 12 electricity transformers with a capacity of 175 MVA. 9 units are currently installed in Banban stations 1, 2, and 4, while three units are currently installed in Banban Station 3.

The source explained that the company supplied all the work including 12 electricity transformers with a capacity of 175 MVA, of which four have been installed on concrete bases.

The company completed the installation of high voltage transformers, panels and medium voltage transformers. Two stations will be installed with a capacity of 220 KV within weeks.

The Egyptian Electricity Transmission Company (EETC) received EGP 800m from solar energy investors according to a cost-sharing agreement, which is one of the five agreements signed by eligible investors for the establishment of new and renewable energy projects according to the feed-in tariff.

The cost-sharing includes sharing the cost of connecting planned solar power plants to the national electricity grid and the infrastructure work in Banban according to the feed-in tariff system.

Companies that received lands to establish a solar power plant in Banban paid about EGP 20m of the cost of connectivity.

You Might Also Like

blinx: New digital media hub for Middle East’s youth

ADNOC Distribution launches first ADNOC service stations in Egypt

Banks’ financial position grows to EGP 13.798trn in 1H 2023, CBE reports

Shell, KUFPEC partner to explore Egypt’s Mediterranean Block 3

Food Export Council holds symposium on challenges of food exports to EU, US

TAGGED: Banban, electricity, electricity transformer stations, XD-Egemac
Share this Article
Facebook Twitter Email Print
Previous Article Young man reportedly killed near Al-Arish due to reckless shooting
Next Article Losses continue to rack GM’s Opel
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Egypt, India affirm their strategic partnership, discuss regional issues
Egypt, India affirm their strategic partnership, discuss regional issues
Politics Egypt
Pope Francis denounces ‘invasion’ rhetoric on migrants
Pope Francis denounces ‘invasion’ rhetoric on migrants
Politics World
blinx: New digital media hub for Middle East’s youth
blinx: New digital media hub for Middle East’s youth
Business
National Cancer Institute, Novartis Egypt host run to raise awareness on World Chronic Myeloid Leukemia Day
National Cancer Institute, Novartis Egypt host run to raise awareness on World Chronic Myeloid Leukemia Day
Culture
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?