Aswan | Egypt Oil & Gas - Part 2
Electricity Ministry Negotiates Benban Projects
Egypt’s Ministry of Electricity and Renewable Energy is currently negotiating, with four consulting firms, the construction reports of four energy substations in Benban, Aswan.
TAQA Arabia Considers Constructing New 50MW Power Plant
Egypt’s largest private sector energy distribution company, TAQA Arabia, is considering establishing a new 50MW-capacity solar power plant. It will come in addition to the existing 50 MW solar plant project that the ...
EETC to Collect 3rd Aswan Solar Energy Installment
The Egyptian Electricity Transmission Company (EETC) has addressed the solar energy companies’ investors in Aswan to pay the third installment of the EGP 10m cost-sharing agreement that links the solar power plants w ...
Solar Energy Investors Postpone EGP 9m Installment
Egypt’s Ministry of Electricity has accepted investors' request for an extension to pay the third installment of the cost-sharing agreement for solar energy projects in Banban, Aswan, worth EGP 9m, which was due in June.
Elsewedy Negotiating $75m Solar Plant Loan
Elsewedy Electric is currently in the negotiating process, with the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD), of obtaining a $75m loan to finance buildin ...
Italian TerniEnergia Acquires $9.2m Solar Project
Italian energy company TerniaEnergia has secured an order worth approximately $9.2m for the construction of an industrial-scale solar power plant in Egypt with a total capacity of 47MW. The solar park will be constru ...
Lekela Power to Begin Solar Plant Construction in Banban
Lekela Power will begin construction of a solar energy plant with a 50 MW capacity in Banban, Aswan with $90m investments.
British Firm to Seize 49% Stake in Cairo Solar Company
An unidentified British company is to seize a 49% stake in Egypt's Cairo Solar company worth EGP 180m to develop solar energy projects in Upper Egypt.
