Electricity | Egypt Oil & Gas - Part 24
Egypt Cancels Tender for Prepaid Smart Electricity Meters
The Ministry of Electricity announced the cancellation of a tender for supplying 50,000 smart electricity meters that were needed for the South Cairo Electricity Distribution Company, reported Trade Arabia. According ...
Egypt to Offer Investors 3 cents per Kilowatt of Renewable Energy
Egypt’s Ministry of Electricity is currently finalizing deals with the companies that signed MoUs during the economic conference last March to purchase 1 KW of power generated via alternative energy sources for 3 cent...
EGAS Begins to Collects Dues Worth EGP 4B
A source at EGAS informed Al-Borsa that the dues owed to the gas holding company reached EGP 4b with 60% of this sum coming from the government sector alone. The source added that the process for rescheduling the paym...
Ministry of Electricity: No Usage of EPC+ Financing
The ministry of electricity has ceased the negotiations conducted on implementing projects on EPC+ finance basis, reported Al Mal. EPC+ is a financing method where the investor will build a power plant, secure its fin...
EDEPC to Invest $125m in Upgrading its Stations
East Delta Electricity Production Company (EDEPC) is working on obtaining a loan worth $125m, which will be used to upgrade the company’s power stations, reported Al Mal. The loan will be used to install mobile ...
Press Release: Ministries of Electricity and Petroleum to Egyptian Citizens
The Ministries of Electricity and Petroleum announced that the recent significant rise in temperature and humidity taking place in the country has led to an unprecedented increase in demand for electricity consumption...
Egypt Launches Tenders for 500MW of Renewable Energy Projects
The Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) have announced three new tenders for renewable energy totaling 500MW, reported PV Tech. The tenders are for both s...
South African Power Problems Besot Eskom
South African power firm Eskom has been struggling lately due to problems associated with both its nuclear and coal investments. According to Reuters, Eskom will pay an estimated 200 m rand ($15.6 m) for the supply of...
