150 MW power plants to be launched, $5m fine on Saudi company for delayed implementation
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Preliminary approval to be granted to companies that request licences to sell gas in local market, says source
The company is also seeking to implement a similar power plant in Aswan
Despite the increase in revenues, Qalaa Holdings also recorded a net loss worth EGP 242.7m, greater than the EGP 119.1m loss reported last year.
Managing Director of TAQA Arabia Pakinam Kafafi told Daily News Egypt that the Zaafarana plant would be established in cooperation with a US company operating in the field of solar energy.
Gas discovery will, however, enhance economy, reduce budget deficit and create job opportunities, says Abu Bakr
Company is executing 150MW capacity power plant to use gas in oil fields
Minister of electricity and energy: Dairut factory will be the first of its kind in Egypt to operate on a BOO scheme