Electricity | Egypt Oil & Gas - Part 29

Consortium of 10 Banks to Loan the EEHC

A consortium of ten banks is offering a loan of $1.3bn, EGP 10bn, of financing to the state-run Egyptian Electric Holding Company (EEHC) with new terms.

Egyptian State Company to Present Solar Project in Aswan

The Egyptian State company proposed a megaproject to generate 100 megawatts of energy using solar power in Upper Egypt's Aswan .

Egypt to Save EGP 1.5bn from Energy-Efficient Street Lighting

A project to replace 3.89 million street lamp bulbs with energy-efficient ones is expected to save Egypt EGP 1.5bn.

Sisi Discusses Energy Rationalization with Petroleum, Electricity Minsiters

President Abdel Fattah al-Sisi discussed rationalising energy and reducing waste during a meeting with the electricity and petroleum ministers on Wednesday.

Daylight Savings Time Canceled for 2015

With the sever power shortage Egypt passes through during the summer months, the Egyptian cabinet decided not to switch to daylight saving time this summer.

Oman Electricity Co. Poised to Issue Dollar Bonds

The issue could be around $1 billion, rating agency Standard and Poor's said.

Egyptian Electricity Holding to Receive EGP100m from MIDB

Misr Iran Development Bank ( MIDB ) is working on inject EGP100m in an EGP1.5bn ($196.6m) financing for state-owned Egyptian Electricity Holding Company ( EEHC ).

Egypt Signs $27.6m Deal to build Transformer Station

Egyptian Electricity Transmission Company (EETC) signed on Thursday a deal to establish a transformer station worth 210.8 million pounds (US$27.6 million) in the Suez Canal region.

Iran to Meet Iraq Power Shortages with Gas Pipeline

Iran has moved closer to starting crucial natural gas exports to Iraq.

Egypt Selects 115 Bidders for Renewable Energy Projects

The government has narrowed down its choice to 115 bidders to carry out nation-wide renewable energy projects.

Page 29 of 31

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