The Egyptian Company for Energy & Cooling Projects (Gas Cool) has signed a deal with Administrative Capital for Urban Development (ACUD) to establish the first and largest central cooling plant for the new administrative capital, Egypt Oil & Gas reports.
The agreement was signed by Ahmed Zaky Abdeen, head of ACUD, and Mohamed Younis, head of Gas Cool, in the presence of Minister of Petroleum Tarek El Molla.
The plant is one of the value-added projects for the natural gas usage, and it comes in line with the ministry’s strategy to expand natural gas usage in households, factories, petrochemicals, and central cooling, El Molla said.
The project will contribute to rationalizing energy consumption and provide alternatives to the traditional electricity cooling method, El Molla pointed out.