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
Mohamed Farag
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Latest by Mohamed Farag
NREA, Lekela sign usufruct agreement to establish wind farm
The New and Renewable Energy Authority (NREA) has signed a usufruct agreement with Lekela Power to launch a wind farm with 250MW capacity in Suez governorate. Chairperson of the NREA, Mohamed El Khayat, told Daily News Egypt that the company has received the land allocated for the project upon a usufruct agreement signed in Suez …
Egypt enforces new quality standards for solar equipment imports in October
Maximum EGP 40,000 shall be paid by importer for testing each container
Globaltronics to produce electricity metres which can be topped up via Bluetooth, mobile phones: VP for R&D
Supply, installation of smart metres to be completed before H2 of 2019
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
Saudi Arabia to relaunch electrical interconnection tender with Egypt in June
Neom project’s cost increases by $900m after alterations
EETC signs EGP 590m-worth contracts to replace North Cairo-Heliopolis aerial line
Project to be implemented by Energya-Elsewedy, Chinese-Egyptian coalitions, funded by ISDF
Government considers issuance of financial guarantee for Hamrawein coal-fired electricity plant
Finance Ministry to meet with officials from CDB next month, signing will be made before mid-year
New wharfs enter into force at SCZone
East Port Said Port receives first ship
Yellow Door Energy to launch $50m solar power plants in Egypt
New investments of $150m to be injected in company end-2019, says Sadder
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 …
Egyptian-Chinese alliance offers to sell solar power to BMIC
$80m investments to be injected in project, ADB approves fund
Startup aims to deliver clean energy to off-grid communities in Africa
Exploding interest in solar energy in MENA region in last 5 years; it became competitive, says Parets
China’s GCL negotiates with Military Production Ministry to establish solar panel complex
Chinese company bids to launch 600MW solar energy plants
EETC to increase investors’ cost shares in Benban project by 25% each
The Egyptian Electricity Transmission Company (EETC) intends to increase the cost share of each investor in the solar energy project in Benban, Aswan by 25%, a source at the company told Daily News Egypt. Investors were verbally notified of the raise a week ago, the source added, stressing that an official letter will be sent …
German Senvion to build $1bn windfarm in Egypt
Alfanar allocates $400m to build 300MW wind power projects
Six companies supplying wind turbine parts to Zafarana wind farm
List includes Siemens, Vestas, Golden Group
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
Implementation of Emirati “Masdar” company’s wind energy plant to be completed next month
The studies of the project completed, $250m expected investments
Egypt reviews electrical connection studies with Cyprus to begin project implementation
Studies are being conducted to increase capacity of electrical connection line with Jordan to take it up to 3,000MW
Vodafone preparing to bid for solar power plant within weeks
Large number of companies expressed their interest in tender
Global Lease negotiates with four banks to fund new projects worth EGP 500m
Discussions with FMO to borrow $10m, a factoring company to be launched mid-March
EEHC agrees with EximBank to finance PSH project with $2.6bn
The Egyptian Electricity Holding Company has agreed with the Export-Import Bank of China (EximBank) Ito finance a 2,400MW pumped-storage hydroelectricity (PSH) project with $2.6bn loan. A high-profile source in the Ministry of Electricity told Daily News Egypt that ongoing negotiations with the Chinese bank over the loan’s interest rate, repayment period, and grace period will …
KarmSolar planning 100MW solar power plant in Bahareya Oasis
Company to sell produced capacities to Cairo3A’s poultry project
Electrical connection with Ethiopia, African countries activated
Egyptian companies offering to establish developmental projects in Addis Ababa
Egypt requests hosting International Ministerial Conference on Nuclear Energy 2021
This came during meeting held by minister of electricity, with IAEA director general
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
SCZone budget of EGP 10.4bn for the next FY approved
Revenues from settlements expected to reach EGP 3.4bn in coming years, says Mamish
Italy’s Eni renews negotiations with Electricity Ministry to set up solar plants worth $1bn
Italian company Eni has renewed its negotiations with the ministry of electricity to launch solar power plants in Egypt with a capacity of 1,000MW and investments of up to $1bn. Sources in the ministry of electricity told Daily News Egypt that the Italian company intends to implement 1,000MW solar power plants in phases, and will …