EEHC | Egypt Oil & Gas - Part 2
Banking Consortium to Fund Electricity Distribution Grid
The Egyptian Electricity Holding Company (EEHC) is negotiating a $100 million loan from a banking consortium, Al Mal News reports. The funds are for importing spare parts for the electricity distribution grid. The fin...
AfDB to Finance Three Projects within Egypt’s FiT Program
The African Development Bank (AfDB) is considering financing three projects within the Feed-in Tariff (FiT) program in Benban, Aswan for $60m. The bank has allocated $18m and $20m worth of finances for each project in...
Japan Supports Egyptian Electricity Distribution Companies
The Egyptian Electricity Holding Company (EEHC) secured a $243m loan from the Japanese International Cooperation Agency (JICA) to finance the automated control centers of the electricity distribution companies in Alex...
FAS Energy, Infinite, Elf Qualified for FiT Phase One
Egyptian Electricity Holding Company Chief, Gaber El Dessouky, announced that three companies out of obtained the cut for phase one of the feed-in tariff (FiT) program, according to Al Borsa. Law firm Riad & Riad...
Spain to Invest in Egypt’s Solar Energy Sector
Spain is planning to bring in investments into Egypt to produce solar cells in the coming period, Egyptian Minister of Trade, Tarek Qabil announced according to Amwal Alghad. Qabil made his remarks at the Egypt-Spain ...
Egypt Witness Electricity Surplus Up to 4,000MW
A source at the National Energy Control Center (NECC) said that there was a surplus in electricity of 4,000 MW, noting that this surplus will not increase after the inauguration of the first phase of the Siemens power...
Egypt Contracts Tractebel to Evaluate Hamrawein Plant Offers
The Egyptian Electricity Holding Company (EEHC) will contract with The Belgian Tractebel Engineering Consultancy Company mid-March in order to evaluate offers on the coal-fired plant in Hamrawein with a capacity of 6,...
Sisi, Merkel to Inaugurate the New Siemens Power Plants
Egyptian President Abdel Fattah El Sisi and German Chancellor Angella Merket are set to jointly inaugurate the first phase of the Siemens power plants in Beni Suef, Burullus, and the New Administrative Capital during ...
