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Corporation invested about 75% of project’s total cost, says Bazan
Prepaid counters installed to provide liquidity, obtain depreciation value
The positive aspect of this method is that subscribers would pay reduced bills in return.
He added that the General Directorate for Electricity Police will write reports for electric thefts alongside imposing fines and jail time.
Shaker directs heads of distribution companies to raise collection rates, review invoices before issuance
Shaker said that the trial operation will start as soon as possible to exchange of 50-60MW, stressing that Egypt is ready to provide technical support to Sudan in particular and to African countries in general in the field of power projects.
Finance Ministry increases EEHC capital by EGP 2.7bn
Consultant to be selected for marine survey of cable track before end of August
Siemens, GE, Schneider Electric competing for implementation
The of the Egyptian Electricity Transmission Company (EETC) is seeking to implement projects with the budget of the fiscal year (FY) 2019/20 with investments up to EGP 19.55bn.
Breakbulk good opportunity to modernise fleet equipment, interview foreign partners: Nadeem
Investments of FY 2019/20 projects to reach EGP 53bn
EGP 7.5bn to complete plan to strengthen, expand high, ultra-high voltage networks
The Egyptian Electricity Transmission Company (EETC) is preparing to receive newly established electricity pylons that will link the Balat substation with Sharq El Owainat in the New Valley governorate next month
Intro Energy is planning to launch several projects to produce electricity from renewable resources with investments of $100m within three years
Moreover, she explained that the unified reading system reviews the consumption data before issuing bills in order to avoid any mistake. All data and readers are also monitored by the system.
The note added that the prices for higher consumption brackets, above 1,000 kW, remain unchanged at EGP 1.45/kW, as they already pay above the production cost of EGP 1.22/kW.
EGP 17bn proceeds of Electricity sector from price increases
EGP 1.14 per kW/h for LV consumers, EGP 0.75 for UHV consumers
A delegation from Sudan was supposed to visit Egypt and start the project but this has not happened so far.
electricity pricing schemes to be submitted to cabinet for approval within weeks
Arab, international companies awaiting approval to build projects worth $3bn
Tawakol: 80GW/h expected to be contracted with tourism sector
Total dues estimated at EGP 34.3bn until February
The Canal Company for Electricity Distribution agreed to schedule the outstanding dues of the tourism sector over 36 months with 0% interest. An official at the Egyptian Electricity Holding Company (EEHC) said the decision is aimed not to ease the burden on the tourism sector, and help tourist installations to pay their electricity bills regularly …
The government has purchased electricity from the private sector for EGP 400m until March 2019. Sources at the ministry of electricity told Daily News that the Egyptian Electricity Transmission Company (EETC) and electricity distribution companies across the country are committed to repaying the dues of the companies without delays. The sources explained that the largest …
Authorities planning to hedge oil prices, but IMF advised caution, says report
The Administrative Capital for Urban Development (ACUD) held a meeting with a number of smart electricity meter manufacturers and suppliers to discuss applying a comprehensive electricity metering system in the New Administrative Capital. Sources told Daily News Egypt that ACUD aims to launch a comprehensive installing system of electricity metres according to the highest international …
Company collects EGP 50m in fines on electricity theft cases, sells 1.2m LED bulbs, says Fouda