Electricity | Egypt Oil & Gas - Part 19
Final Negotiations over Dabaa Plant to Conclude in January
Electricity Minister, Mohamed Shaker said that Egypt and Russia will reach a final agreement on the technical, financial and technological details of the Dabaa Nuclear Plant in January.
NBE Loans to Electricity Sector Worth EGP39.4b over 5 Years
The total amount of syndicated loans the National Bank of Egypt has made to the electricity sector over the past 5 years is approximately EGP39.4b, according to NBE Deputy Chairman, Mahmoud Montasser.
China Railway Submits Bid to Build $2.2b Power Plant in Egypt
The China Railway Company has submitted a bid to build a $2.2b energy plant in Egypt that will operate on a combined-cycle system with a capacity of 2,000MW.
IDWBE Considering EGP 500m Loan to Electricity Sector
The Industrial Development & Workers Bank of Egypt (IDWBE) is considering contributing between EGP 400m and EGP 500m to a syndicated loan to the Egyptian Electricity Transmission Company (EETC), being arranged by the ...
Egyptian Banks to Co-Finance Siemens Power Plants
The Egyptian Electricity Holding Company has signed a loan contract with a consortium of 10 Egyptian banks worth EGP10b ($1.2b) to partially finance three new power plants to be built by German firm Siemens.
Islamic Finance Props Up Saudi Electricity Sector During Oil Slump
Saudi Arabia's Rabigh Electricity Company has signed the riyal-denominated tranche of a murabaha credit facility worth up to $666.8m.
Ganope to Generate Power from Geothermal Energy
Abu Bakr Ibrahim, Chairman of Ganope, told Egypt Oil & Gas that a memorandum of understanding (MoU) has been signed by Ganope, as a representative of Petroleum Ministry and New and Renewal Energy Authority (NREA) for ...
Electricity Ministry Trains African Engineers Amid Renaissance Negotiations
The Egyptian Ministry of Electricity has trained 51 engineers from around Africa's Nile Basin as an effort to increase international cooperation on electricity issues.
