Egyptian Ministry of Electricity

  • Egypt’s Electricity Ministry Faces liquidity Issues

    Egypt’s Electricity Ministry Faces liquidity Issues

    Wednesday, 8th February 2017
    The Egyptian Electricity Ministry is looking to collect the EGP 1.2 b in overdue power bills owed by public sector companies.
  • Egypt Delayed Bids on Renewable Projects

    Egypt Delayed Bids on Renewable Projects

    Thursday, 12th January 2017
    The Egyptian Ministry of Electricity and Renewable Energy delayed receiving three bids for a tender meant to build wind farms and solar power plants in Aswan and west of the Nile with total capacity 650MW.
  • ACWA to Build 2250MW Power Plant in Dairut

    ACWA to Build 2250MW Power Plant in Dairut

    Wednesday, 30th November 2016
    The Egyptian Ministry of Electricity is moving forward with ongoing negotiations with Saudi’s ACWA Power to build power plant in Dairut, at a capacity 2250MW.
  • New Firms Joined FiT Program

    New Firms Joined FiT Program

    Sunday, 30th October 2016
    Nine companies, including Scatec, Infinity Solar, Alef Solar and IRC Solar, have finished their financial closure to sign with phase I of the energy purchasing Feed-in-Tariff (FiT) program, while 124 companies will continue to phase II of the program.
  • Solar Firms Joined FiT Phase I

    Solar Firms Joined FiT Phase I

    Tuesday, 25th October 2016
    Three firms are ready to sign energy purchasing agreements with the Egyptian Electricity Transmission Company (EETC) under Egypt's phase I of the Feed-in-Tariff (FiT) program.
  • Egypt’s Wind Farm to Produce 7110MW

    Egypt’s Wind Farm to Produce 7110MW

    Tuesday, 4th October 2016
    Egypt's Gabal el Zeit wind farm will start operation in 2017. The facility's power production will reach 7110MW of wind electricity by 2022.
  • Egypt Agreed on Funding for FiT’s Phase II

    Egypt Agreed on Funding for FiT’s Phase II

    Monday, 26th September 2016
    Banks and international financial institutions have agreed to fund projects in phase II of Egypt's Feed-in-Tariff (FiT) program after meeting the Egyptian Minister of Electricity, Mohamed Shaker.
  • Misr Iran Bank to Fund Energy Authorities

    Misr Iran Bank to Fund Energy Authorities

    Tuesday, 6th September 2016
    Egypt's Misr Iran Bank will fund EGP 200m to two government authorities, the Ministry of Electricity and Renewable Energy and the Ministry of Petroleum and Mineral Resources, with each getting EGP 100m in funding.
  • US firm to Invest $30m in Egyptian Power Improvement

    US firm to Invest $30m in Egyptian Power Improvement

    Sunday, 4th September 2016
    The US firm, Recovered Energy Company, made an offer to the Egyptian Ministry of Electricity and Renewable Energy that aims to improve effectiveness of production units in 6th of October power plant, with investments estimated at $30m
  • Karm Solar Agrees to Domestic Arbitration on FiT Deal

    Karm Solar Agrees to Domestic Arbitration on FiT Deal

    Thursday, 18th August 2016
    Karm Solar Company announced its endorsement of The Egyptian Ministry of Electricity's FiT program and agreed to the Power Purchase Agreement terms in regards to domestic arbitration.