Ministry of Electricity | Egypt Oil & Gas - Part 6
Schneider Pushed to Amend Electricity Contracts
Schneider Electric Egypt started negotiations with the Ministry of Electricity and Renewable Resources in order to increase the value of contracts after EGP devaluation and price increase.
Siemens Began Trails at Burullus Power Plant
Siemens started trial tests on three production units at Burullus power plant with a production capacity of 1200MW.
Egypt to Spend EGP 11b on Power Maintenance
The Egyptian Ministry of Electricity allocated EGP 11b for operating power plant and running maintenance on production power plants as well as distribution network within the fiscal year 2016/2017.
Egypt Reimbursed Firms Withdrawing from FiT
The Egyptian Ministry of Electricity and Mineral Resource reimbursed 10 companies that withdrew from the energy purchasing Feed-in-Tariff (FiT) projects in the city of Benban, Aswan.
Ministry of Electricity Asked for Extra Budget
The Egyptian Ministry of Electricity presented a memorandum to the Cabinet asking to increase allocations after the EGP devaluation.
Maintenance Started at Power Plants
The Egyptian Ministry of Electricity and Renewable Energy started maintaining electricity production units at five electricity production in preparation for summer 2017.
Solar Firms to Pay EGP 10b in Cost-Sharing Deal
The Egyptian Electricity Transmission Company (EETC) will request solar energy investors to repay the EGP 10b each.
Wind Farm Halted Due to Arbitration Clause
Egypt called on Toyota, Orascom, and GD France alliance to accept that arbitration in case of dispute to be held in Cairo, in order to complete the contracting on the Suez Gulf wind farm.
