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EEHC collects accumulated dues of EGP 6.1bn owed by government bodies
Total dues estimated at EGP 34.3bn until February
Tourism sector electricity dues scheduled over 36 months
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 …
Government purchases electricity from private sector for EGP 400m
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 …
Egypt to implement several reforms in June including eliminating fuel subsidies: IMF
Authorities planning to hedge oil prices, but IMF advised caution, says report
ACUD plans to apply comprehensive electricity metering system
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 …
Government owes EGP 1.3bn to Alexandria Electricity Distribution Company
Company collects EGP 50m in fines on electricity theft cases, sells 1.2m LED bulbs, says Fouda
Electricity price increase to be settled within 2 months, applied in July
Committee based its study on EGP 17.5 as dollar exchange rate, changes could result in modifications
ABB to expand its investments in Egypt by 40% in 2019
Company plans investing in El-Dabaa Nuclear Power Plant, Egypt-Cyprus interconnection project, says managing director of ABB Egypt
Electricity distribution companies oblige users to purchase LED lamps to install prepaid electricity meters
Electricity distribution companies have been spotted obliging users to purchase LED lamps before installing their prepaid electricity meters. Daily News Egypt has witnessed the obligatory selling of LED lamps to citizens before they paid the fees for their meters. Informed sources told Daily News Egypt that the main reason for this move was due to …
Sudanese unrest halts power interconnection with Egypt
EETC completes about 70% of its targeted FY 2018/19 investments, says chairperson
World’s increasing electricity demand creates room for solar, traditional energy: CCC Senior Manager
One billion people suffer from shortage of electricity globally
Increase in cleaning fees on electricity bills in July
The government is planning to increase the value of cleaning fees, and will be included in the electricity bills. According to government sources, the cleaning fee is determined based on the value of consumption and geographical scope, and will increase with the increase in the value of electricity consumption segments to be implemented in July, …
Empower aims to sell energy to factories on IPP scheme: Elgamal
Company sold electricity produced from waste plants with 900,000 kW/h capacity for EGP 1m
Deferred liberalisation of electricity sector, continued subsidies
Proposal to apply VAT on highest consumers instead of cross-subsidy
Solar energy: Factory’s haven to avoid high electricity prices
Institutions receive low, fixed tariff, will not bear cost of setting up stations
Egypt aims to exchange electricity with Sudan, Saudi Arabia, Cyprus this year: Shaker
Feed-in tariff projects in Benban to kick off by end-year
Egypt plans to increase electric connection capacity with Jordan to 1,000MW
“Relations between two countries witnessing positive development in all fields, especially in electricity sector,” say sources
State electricity companies exchange stagnant spare parts saving EGP 1bn annually
State-run electricity production companies began to exchange unused spare parts in their stores for maintenance, replacement, and renovation works. An official in the ministry of electricity informed Daily News Egypt that the decision aims to ration expenses, control purchases, facilitate spare parts trading, and save time spent in this process. The decision is expected to …
Egypt to start first phase of electricity interconnection with Sudan within three weeks
electricity exchange capacity with Jordan, Libya to reach 1,000MW
Period of inspections, payment for coded electricity meters extended for 2 months
Council of Ministers competent authority to open door to receive new applications: al-Far
EgyptERA’s board formation delays meetings on electricity price hikes
All consumption segments to see increases in prices at variable rates by next July: sources
EGP 140bn in budget for sanitation, water, electricity services in New Administrative Capital
By end of 2020, New Capital will be ready to receive 34 ministries, 50,000 employees, presidency, parliament
Electricity price for cars will be sold without subsidy
Pilot programme for recharging cars in subsidiaries: Shaker
Legislative amendment to add electricity trade after removing subsidies: Shaker
Consumer will choose energy supplier, we will eliminate inspection, measurement fees to install meters
Egypt, Saudi Arabia to finalise electricity interconnection project procedures in March
Cost up to $2.5bn after changing routes for Neom, Riyadh will bear the additional costs: source
Arrears owed to petroleum ministry to be paid within 5 years: electricity minister
Finance Ministry will not subsidise electricity prices after FY 2021/22, will financially support limited-income groups
Developing electricity, rail road connections tops Al-Sisi, Bashir meeting
Discussions took place as Al-Bashir visited Egypt on Tuesday
EETC pays EGP 4.2bn in debts to NIB
Company’s investments amounted to EGP 20.8bn
Deadline for coded metres extended to end 2018
Distribution companies received letter from EEHC, will not receive new requests
Electricity link with Sudan to operate with 100 MW by end 2018
Stress imposed on swift implementation, adherence to timetables, without jeopardising quality: Shaker