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, reported Al Mal News. The co...
Siemens Began Trails at Burullus Power Plant
German company, Siemens, started trial tests on three production units at Burullus power plant with a production capacity of 1200MW, reported Al Borsa. Sources at the Egyptian Ministry of Electricity and Renewable Ene...
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, reported Al Borsa. ...
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, reported Al Borsa. The withdrawing...
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, reported Daily News Egypt. The memorandum explained the financial burdens on the min...
Maintenance Started at Power Plants
The Egyptian Ministry of Electricity and Renewable Energy started maintaining electricity production units at five electricity production companies in Cairo, East Delta, Upper Egypt, and West Delta in order to prepare...
Solar Firms to Pay EGP 10b in Cost-Sharing Deal
The Egyptian Electricity Transmission Company (EETC) will request each solar energy investors to repay the EGP 10b third installment of the cost sharing agreement in January, reported Daily News Egypt. Under the terms...
Wind Farm Halted Due to Arbitration Clause
The Egyptian Ministry of Electricity and Renewable Energy called on Toyota, Orascom, and GD France alliance to accept that arbitration in case of dispute to be held in Egypt, in order to complete the contracting on th...
