Egyptian Ministry of Electricity and Renewable Energy | Egypt Oil & Gas

Egypt Nullified 6 MoUs for Coal-Fired Power

A source from the Egyptian Ministry of Electricity and Renewable Energy stated that the ministry might consider nullifying memorandums of understanding (MoU) for 6 coal-fired electricity plants. He added that the mi ...

Ministry of Electricity Persists on FiT Terms

The Egyptian Minister of Electricity, Mohamed Shaker, maintained his position regarding funding and arbitration of solar projects.

Egypt to Consider International Arbitration in FiT Agreements

The Egyptian Ministry of Electricity and Renewable Energy is considering international arbitration in the second phase of Feed-in Tariff (FiT) program for renewable energy.

Development of New Capital Power Plant is 30% Complete

Cairo Electricity Production's CEO, Mohamed Mokhtar, stated that progress is underway on the Egyptian New Capital's power plant, estimated to cost $2b in investments, with 30% of the project completed.

Electricity Ministry Borrows EGP 5b to Pay EGPC

The Egyptian Ministry of Electricity agreed to obtain a loan worth EGP 5b to pay its dues to the Egyptian General Petroleum Corporation (EGPC) as the ministry needs to pay for fuel provided to power plant.

Developers to Withdraw from Egypt’s FiT Program

Up to 35 solar energy firms are considering withdrawing from the first phase of Egypt’s Feed-in Tariff (FiT) program due to delays, currency risks, and government's insistence on domestic arbitration, as developers a ...

Solar Energy Investors In Dispute over Domestic Arbitration

The Egyptian Ministry of Electricity and Renewable Energy faces late disagreements with solar energy co-investors over domestic arbitration regarding renewable projects.

Egypt to Ink Dabaa Nuclear Plant Final Contract Soon

Egypt's Minister of Electricity and Renewable Energy, Mohamed Shaker, affirmed that the final binding contract for the Dabaa nuclear plant, that will remain in effect for 60 years, is to be endorsed soon.

EU’s TARES Project in Egypt Eyes 18% Energy Saving by 2035

The European Union (EU) has announced that their funded Technical Assistance to Support the Reform of the Energy Sector (TARES) project in Egypt can achieve feasibly energy savings up to 20 million tons of oil equiva ...

Saudi Acwa Power Mulls $12b Energy Investment in Egypt

Saudi company Acwa Power intends to invest $12b in the Egyptian energy market over the next five years.

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