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Unpaid dues to electricity ministry register EGP 1.2bn at end of December

The unpaid dues of business sector companies to the Ministry of Electricity and Energy amounted to EGP 1.2bn at the end of December. Sources from the Egyptian Electricity Holding Company (EEHC) said that the ministry suffers from a lack of liquidity, which may affect the electricity supply. They added that business sector companies, a number …

Mohamed Farag

EEHC, Euro Africa Company sign MoU to conduct a feasibility study to link Egypt, Cyprus, Greece

The Egyptian Electricity Holding Company (EEHC) signed a memorandum of understanding (MoU) with Euro Africa Company to conduct a feasibility study to implement an electricity project that would connect Egypt, Greece, and Cyprus. Minister of Electricity Mohamed Shaker explained that the MoU includes a feasibility study that will determine the future steps that will be …

Mohamed Farag