Ministry of Electricity: No Usage of EPC+ Financing

• Sunday, 23rd August 2015
• by Egypt Oil & Gas

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...

Ministry of Electricity Allocates 92 sq. Km for Renewable Projects

• Wednesday, 15th July 2015
• by Egypt Oil & Gas

The ministry of electricity and renewable energy has completed allocating 92 sq. km for alternative energy projects that will be carried out under unified tariff regime, according to an official at the ministry of ele...

New Increase in Electricity Prices

• Tuesday, 28th April 2015
• by Egypt Oil & Gas

The Electricity Ministry announced an increase in electricity prices to take place at the beginning of the 2015-2016 fiscal year, in July, reported Al Masry Al Youm. Prime Minister Ibrahim Mehleb issued a decision las...

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

• Sunday, 26th April 2015
• by Egypt Oil & Gas

A project to replace 3.89 million street lamp bulbs with energy-efficient ones is expected to save Egypt EGP 1.5bn, the Minister of Electricity said on Thursday. The project will cost EGP 2.1bn and is expected to be c...

Egypt Signs $27.6m Deal to build Transformer Station

• Sunday, 19th April 2015
• by Egypt Oil & Gas

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, announced Ahmed Hanafi Chairman of E...