Electricity | Egypt Oil & Gas - Part 16
Sisi: Construction of Nuclear Plant to Begin in a Few Weeks
Egyptian President Abdel Fattah El Sisi announced that construction of the country's nuclear power plant will begin in a few week.
Russia, Iran, Azerbaijan to Establish North-South Energy Corridor
Azerbaijan, Iran, and Russia agreed to establish a North-South energy corridor, linking the three countries and exporting electricity from Moscow to Baku and Tehran.
Ministry of Electricity to Sign $8b Worth of Deals with Japan
The Ministry of Electricity and Renewable Energy plans to sign four memorandums of understanding (MOU), and three loans with Japanese companies during President Abdel Fattah Al-Sisi's visit to Tokyo this month.
Russia to Export Electricity to Azerbaijan, Iran
Azerbaijan, Iran, and Russia are collaborating together to establish an energy corridor, linking the three countries. The corridor will be used to export electricity from Russia to Azerbaijan and Iran.
Egypt to Launch Tender for Solar Projects in Benban Area
In a few days the Egyptian government will launch a tender for services needed for solar energy projects in Benban area. Services needed include security, technical, and administrative services. The Government Owes the Electricity Ministry EGP 10.8b
The ministry of electricity is owed by state entities EGP 10.8b. The majority of the debt is owed by the Holding Company for Water and Wastewater (HCWW), where its debt to the ministry of electricity amounts to EGP ...
NREA to Secure $196.5m for Siemens Wind Power Plant
The New and Renewable Energy Authority (NREA) is in negotiations with ten local and international financial institutions to secure a loan worth $196.5m (€180m) to finance the construction of Siemens wind power plant. ...
African Development Bank Announces $12b for Energy Projects
The African Development Bank Group has unveiled what it calls a “New Deal on Energy for Africa” to develop energy projects worth $12b by 2025.
