The Egyptian Electricity Transmission Company’s (EETC) CEO, Gamal Abdel Rahim, said that the Ministry of Electricity has spent around $238m on enhancing power transformer stations to support Egypt’s electricity distribution network in preparation for the addition of three new power plants, Al Masry Al Youm reported.
German Siemens is developing these new power facilities in accordance with its local partners in Beni Suef, Burullus, and Egypt’s New Capital. Abdel Rahim added that the company boosted power capacity at West Maghagha station, in addition to the completion of expansion plans at Itie El Baroud station, while continuing expansion work at East Banha and Kafr Zayat stations, according to Al Borsa.
Egypt Oil&Gas reported late September that Siemens Egypt’s CEO, Emad Ghaly, had stated that his company had invested around $8.94b in Egypt’s energy sector, with high-efficiency natural gas-fired power plants and wind power installations that would increase the country’s power generation capacity by more than 50%, as the facilities were expected to add an additional 16.4GW to the national power grid.
