By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Egypt’s IDA gears up to provide its services for investors online
    Egypt’s IDA gears up to provide its services for investors online 
    March 29, 2023
    Egypt. Germany discuss promotion of cooperation in communications, digital transformation
    Egypt, Germany discuss promotion of cooperation in communications, digital transformation
    March 29, 2023
    Egypt-Australia trade exchange reaches AUD 1bn in FY2022: Ambassador
    Egypt-Australia trade exchange reaches AUD 1bn in FY2022: Ambassador
    March 29, 2023
    Volatile trading on EGX amid anticipation of interest rate movement
    Volatile trading on EGX amid anticipation of interest rate movement
    March 29, 2023
    Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt
    Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt
    March 29, 2023
  • Politics
    PoliticsShow More
    Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
    Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
    March 29, 2023
    Health Minister, UNODC discuss bilateral cooperation in combating drugs, corruption
    Health Minister, UNODC discuss bilateral cooperation in combating drugs, corruption
    March 29, 2023
    UAE President appoints Khaled bin Mohamed bin Zayed as Crown Prince of Abu Dhabi
    UAE President appoints Khaled bin Mohamed bin Zayed as Crown Prince of Abu Dhabi
    March 29, 2023
    Al-Sisi directs development of imams to keep abreast of contemporary issues
    Al-Sisi directs development of imams to keep abreast of contemporary issues
    March 29, 2023
    Egyptian Health Minister directs accelerating completion of New Heart Institute in El-Shorouk 
    Egyptian Health Minister directs accelerating completion of New Heart Institute in El-Shorouk 
    March 29, 2023
  • Interviews
    InterviewsShow More
    Developers have to offer innovative products, state should provide more facilities to stimulate industry: Kareem Mamoun
    Developers have to offer innovative products, state should provide more facilities to stimulate industry: Kareem Mamoun
    March 27, 2023
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Details of electricity projects included in 2022-2027 plan
Share
Notification
Latest News
Egypt’s IDA gears up to provide its services for investors online
Egypt’s IDA gears up to provide its services for investors online 
Business
Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
Politics World
Egypt. Germany discuss promotion of cooperation in communications, digital transformation
Egypt, Germany discuss promotion of cooperation in communications, digital transformation
Business
Egypt-Australia trade exchange reaches AUD 1bn in FY2022: Ambassador
Egypt-Australia trade exchange reaches AUD 1bn in FY2022: Ambassador
Business
Volatile trading on EGX amid anticipation of interest rate movement
Volatile trading on EGX amid anticipation of interest rate movement
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 > Energy > Details of electricity projects included in 2022-2027 plan
Energy

Details of electricity projects included in 2022-2027 plan

Mohamed Farag
Last updated: 2017/11/20 at 5:12 PM
By Mohamed Farag 4 Min Read
Share
SHARE

The Egyptian Electricity Holding Company (EEHC) has settled on power plants that will be included in the 2022-2027 plan to produce 13,340 MW, with investments of $20bn.

EEHC had postponed many projects, as electricity production has been achieving a surplus. The company originally listed several projects in the 2017-2022 plan, but Siemens power plants achieved more production than expected and created sufficient surplus for that period.

Sources in the Ministry of Electricity said that the projects include a coal-fired plant in Oyun Musa with a capacity of 2,640 MW, as well as a combined-cycle station in Qena with a capacity of 1,300 MW.

The list of projects also includes a combined-cycle station in Luxor with a capacity of 2,250 MW, next to a coal-fired plant in Hamrawin with a capacity of 6,000 MW and another combined-cycle plant producing 1,150 MW.

The sources said that the coal-fired power plant will be implemented by the Emirati Al Nowais Company, adding that negotiations with the company are still underway to set a price for buying the electricity produced at that plant. According to the agreement with Al Nowais, the company will produce 1,320 MW in 2023/2024 and then add another 1,320 MW in 2024/2025.

The list of projects includes the inauguration of a power station in Qena operating through a combined-cycle scheme to produce 1,300 MW. Toyota Tsusho, the trading arm of Toyota, is set to implement this plant through an EBC + Finance system. The government and the Japanese company have been in talks on the project, which is expected to begin electricity output by 2027/2028.

The sources pointed out that the Ministry of Electricity has agreed with ACWA Power company to implement a combined-cycle power plant in Luxor with a capacity of 2,250 MW, which is considered a substitute for Dirout power plant that was cancelled. The ministry is also in discussions with the company to agree on the financial and legal terms of the contract.

The ministry has included the plant as part of its plans with an expected production capacity of 1,500 MW by 2022/2023 and another 750 MW by 2023/2024.

Moreover, the Hamrawin power plant will run on coal to produce 6,000 MW. Three global alliances are competing to implement the plant, which is included in the 2022-2027 plan.

The ministry aims to produce 2,000 MW in 2024/2025 and add 2,000 MW in 2025/2026, then add another 2,000 MW in 2026/2027.

Among the projects is the combined-cycle power plant that will be implemented by Benchmark in Qena to output 1,150 MW. Production is expected to begin in 2026/2027. Negotiations on the financial and legal aspects of the project are still underway.

The sources pointed out that the Ministry of Electricity is seeking, during the next two years, to strengthen the transmission and distribution networks to be able to absorb the added capabilities into the national electricity grid. Deciding on the projects in the 2022-2027 plan comes within the strategy to diversify sources of production and provide electricity to all citizens.

The Ministry of Electricity has not contracted on electricity production projects this year due to excess production, except for a wind power plant contracted by Toyota and Orascom.

You Might Also Like

We are waiting for commercial details of LNG import agreement from Egypt: Bulgaria’s Energy Minister

Egyptian President meets with Fortescue Future Industries over green hydrogen opportunities ahead of COP27

International Cooperation, Electricity Ministers discuss energy projects, NWFI programme

KarmSolar announces new minority stake round 

Enppi, Petrojet acquire foreign partner’s stake for $117m

TAGGED: electricity, electricity projects
Share this Article
Facebook Twitter Email Print
Previous Article A Day for Women receives best film award in African Film Festival
Next Article Al-Hariri to meet with Al-Sisi amid ongoing crisis
Leave a comment

Leave a Reply Cancel reply

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

Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Egypt’s IDA gears up to provide its services for investors online
Egypt’s IDA gears up to provide its services for investors online 
Business
Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
Politics World
Egypt. Germany discuss promotion of cooperation in communications, digital transformation
Egypt, Germany discuss promotion of cooperation in communications, digital transformation
Business
Egypt-Australia trade exchange reaches AUD 1bn in FY2022: Ambassador
Egypt-Australia trade exchange reaches AUD 1bn in FY2022: Ambassador
Business
//
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?