Egypt to Start Operating Sudanese Electricity Link by 2018 End
Egypt is expected to begin operating the 100-MW first phase of the electricity link with Sudan by the end of this year, according to government sources.
Egypt is expected to begin operating the 100-MW first phase of the electricity link with Sudan by the end of this year, according to government sources.
The Iraqi Ministry of Electricity has signed a reconstruction agreement with Siemens to boost the country’s economic development including adding 11 gigawatts of power generation within the next four years.
Egypt could produce up to 53% of its electricity from renewable resources by 2030, saving the government up to $900 million each year.
Electricity production in Egypt jumped by 4.6% year-on-year (YOY) in June 2018, generating 18.1 megawatts per hour (MWh) compared to 17.3 MWh in June 2017.
The Egyptian electricity sector's debts to the oil and gas sector exceeded EGP 110 billion due to the fuel consumption at electricity generating power plants.
Egypt and Cyprus have reached an agreement with an unnamed European company to provide $1.5 billion to help finance the electricity transmission project between the two countries.
Egyptian electricity production increased by around 5.6% year-on-year (YOY) as the country generated 15 megawatts per hour (MWh) in April 2018, compared to 14.2 MWh in April 2017.
The EuroAfrica CEO has presented a feasibility study for connecting the Egyptian and Cypriot electricity grids.
Electricity prices will increase by an average of 26% on July 1 as subsidy cuts included in the 2018/19 fiscal budget are introduced.
The Ministry of Electricity will announce on June 13 the winning consortium to build the 6,000-megawatt coal-fired power plant in the Red Sea port of Hamrawein.