Latest in Tag: electricity Highlight
Latest in Tag: electricity
Egypt targets 26% subsidy cuts for petroleum products, 47% for electricity
The Egyptian government aims to cut petroleum subsidies by about 26%, and electricity subsidies by 47% in the draft budget for fiscal year (FY) 2018/19, according to Reuters. The government document allegedly obtained by the news agency showed that the value of subsidies in the new budget amounted to EGP 89.075bn, down from about EGP …
Prepaid electricity proceeds reached EGP 367m in February
Plan in place to replace mechanical metres to overcome accumulation of debts, sources say
Electricity interconnection between Egypt, Cyprus, Greece in implementation phase
Initial investments amount to $4bn, marine cable extends over 1.707 km
ABB makes solid gains in Egypt, looks to expand operations: regional director
ABB aims to raise exports to 25% by the end of this year
Egypt becoming electricity hub between region, Europe: minister of electricity
Study underway to link Inga dams to Aswan to export 49,000 MW
Egypt considers launching electrical connections with Ethiopia, Sudan
3 Egyptian companies intend to establish renewable power plants in Addis Ababa
GARPAD blames Irrigation, Electricity Ministries for losses
Violations of water quantities prevent access to GARPAD lands, says Irrigation Ministry
EPRI provides studies, products that save electricity sector EGP 1bn: Al-Sabagh
We seek innovative solutions to help with future national projects, says Al-Sabagh
Development plans of electricity distribution companies through June
Implementation of Central Egypt Electricity Distribution Company self-investment plan at 70%
TEPSCO prepares tender for automated control centres for 3 electricity companies
Parliament approved JICA $243m loan, sources say
GE demands Electricity Ministry pay $148m
Payment due for maintenance, says source
Electricity Ministry aims to save EGP 4.1bn in household consumption in FY 2018/2019
10% increase in electricity prices will reduce demand by 1.5%
Electricity Ministry operates 6,400MW from Siemens power plants
Implementation across the three plants marks 92%
Dues owed by consumers for electricity amount to EGP 32bn
Arrears for fuel amount to EGP 65bn
Government seeks to use surplus electricity in construction, operation of desalination plants
Government negotiates with 5 companies, notably Schneider Electric, Siemens AG, for project implementation
Government holds meetings to increase electricity prices
Electricity subsidies will reach EGP 43.3bn in 2018/2019 budget
EEHC installs 250,000 electricity metres at 6 distribution companies as trial
The Egyptian Electricity Holding Company (EEHC) started to install 250,000 smart electricity metres in a trial across six electricity distribution companies. Ministry of Electricity Spokesperson Ayman Hamza said that the new step came within the electricity sector’s plan to provide electricity for all purposes through modern technological methods. He added that the use of smart …
Energy production projects: crises, financial burdens
Halting operation of “urgent plan” plants
Government propose 3 electricity companies on EGX in July 2018
Selection of three people to head the new companies out of 10 candidates, says El Desouky
Egypt targets 2018 to export electricity: minister
Ministry considers changing solar energy tariff for projects with capacity less than 500 kW
EETC, NIB agree to schedule EGP 32bn of arrears
Loans, interest, and fines scheduled at variable interest rate of 8-12%
Electricity transmission companies spend EGP 8bn to improve grid
Company is assessing 7 offers to modernise automated control centres, says El-Far
Details of electricity projects included in 2022-2027 plan
Investments amount to $20bn to produce 13,340 MW
Falcon to read 4 million electricity metres next December
The company gets a value ranging from 100 to 200 piastres per valid statement, says El Far
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%
BNP Paribas arranges €98.5m loan to EETC
Loan will be used to finance the construction of the Samannoud and Abu Al Matamir transformer substations
EETC flares investments after turning energy shortage crisis into opportunities
Investments worth EGP 60bn during last year, EGP 82.5bn targeted by the end of the current fiscal year
Investment opportunities in energy sector increasing after economic reforms: Minister of Electricity
Investments of production, transmission, distribution will amount to $25bn until 2020
GE secures financial closure to build four substations that will connect 7 GW of power
The four substations will connect 6.5 million homes to the national grid
Egyptian-Chinese cooperation in electricity network construction in Upper Egypt
An Egyptian private company, Giza Misr, in cooperation with China’s Sino-Hydro Company, agreed to build a power line, Safaga, with a length of 105 kilometers and 220kV. Chairperson of Giza Misr Rabab Fayed said that the company decided to invest EGP 450m in the construction of 220kV in West Sharouk transformations and in the connecting …