Electricity | Egypt Oil & Gas - Part 17

US’ General Electric to Build Wind Power Plant in Egypt

USA's General Electric (GE) is planning a 150MW wind power plant in Egypt. The Egyptian Electricity Holding Company (EEHC) and GE are currently working on finalizing the deal, officials at the Ministry of Electricit ...

Schneider Electric Participating in 1.5m Acre Wells Project

Schneider Electric will participate in a 1.5m acre project via investment in running project wells through solar power.

Nigeria’s Azura Power Plant to Begin Construction

Nigeria’s plan to build a 456MW gas-fired power plant, Azura, outside of Benin City is finally becoming a reality, as the World Bank is set to guarantee the investment to begin the construction.

World Bank Approves $27m Loan for Energy Access in Liberia

The World Bank has approved a $27m loan to Liberia to support access to energy for rural Liberians.

$25m Power Plant to Be Built in Egypt’s 6 October City

Sheikh Zayed City Development Authority is in the process of launching a 500 MW power plant, with investments worth EGP 200m ($25.5m). The plant will be built on a 15,000 square meters over a period of 2 years.

Egypt to Receive $99m Loan from Kuwait

The Egyptian government and the Kuwait Fund for Arab Economic Development (KFAED) have finalized an agreement for a $99m (KWD 30m) loan for Egypt. The loan will be directed towards funding a project that will expand ...

Nigeria Presents Plan to Renew its Power Sector

Nigeria has presented a new, comprehensive 13-point plan to renew power sector in the country, according to Nigerian Minister of Power, Works and Housing, Babatunde Fashola.

Oman Preparing Region’s First Electricity Spot Market

The Oman Power and Water Procurement Company (OPWP), a member of Nama group, is making preparations for the establishment of a spot market system for electricity trading in the Sultanate, the first of its kind in the ...

Uganda’s Umeme to Expand Customer Base in 2016

Ugandan power distributor, Umeme, expects to expand its customer base from the current 790,000 customers to 1m in 2016, with projected investments of between $80m and $120m.

Orascom Construction Strikes $420m Deal to Develop Power Plants

Orascom Construction announced signing agreements to convert Egypt's Assiut and West Damietta power plants from simple to combined cycle, an endeavor that is work $420m.

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