Ministry of Electricity | Egypt Oil & Gas - Part 3

Egypt, Sweden Cooperate to Develop Smart Grids

The Egyptian Ministry of Electricity is in talks with Sweden to exchange knowledge and expertise on smart grids, Al Borsa Newspaper reported. This comes as an Egyptian delegation chaired by Osama Asran, Deputy Ministe...

Siemens Signs Agreement for Iraq’s Power Roadmap

Siemens has signed an implementation agreement with Iraq’s Ministry of Electricity to rebuild the country’s power sector, Pipeline Oil and Gas Magazine reported. The $786 million deal was signed in Berlin by Joe Kaese...

Egypt to Utilize its Geothermal Energy

The Egyptian Ministry of Electricity and Renewable Energy is preparing a geothermal energy map in Egypt in light of international cooperation, said the ministry’s First Undersecretary for Research, Planning, Authoriti...

Ministry of Electricity, Eni Renew Negotiations over Solar Power Plants

Italian Eni has renewed negotiations with the Egyptian Ministry of Electricity and Renewable Energy over establishing 1000 megawatt (MW) solar power plants with investment costs reaching $1 billion, sources at the min...

Ministry of Electricity Signs Energy Purchasing Price Agreement with ACWA Power

The Ministry of Electricity and Renewable Resources has agreed with Saudi renewable energy company ACWA Power the purchasing price of energy generated by the planned Luxor power plant, Al Mal reported. The ministry wi...

Siemens, Iraq Sign Agreement for Electricity Reconstruction

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, Pipeline O...

Energy Companies Compete for Zaafarana Solar Plant Tender

Three companies have finalized their offers for the 50 MW Zaafarana solar plant tender, a source at the Ministry of Electricity told Amwal Al Ghad. Power China, Sterling and Wilson, and Infinity Solar are the stronges...

Egypt Allocates EGP 25B to Develop Electricity Grid

Egypt has allocated EGP 25 billion to be spent on developing the national electricity grid over the next two years, Minister of Electricity Mohamed Shaker said, according to Reuters. Shaker pointed out that the Egypti...

Electricity Ministry Arrears to EGPC Reach EGP 107.5B

Debts owed by the Egyptian Ministry of Electricity to the Egyptian General Petroleum Corporation (EGPC) have reached EGP 107.667 billion, Amwal Al Ghad reported. This is compared to the EGP 90 billion it owed during t...

Electricity Ministry Delays IPOs

The Egyptian Ministry of Electricity and Renewable Resources has delayed the initial public offerings (IPOs) of three firms onto the Egyptian Exchange until electricity subsidies are lifted, Al Mal News reported. The ...

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