Ministry of Electricity | Egypt Oil & Gas - Part 7

Fichtner to Review FiT Phase II Agreements

The Egyptian Ministry of Electricity assigned German Fichtner to review the agreement of purchasing renewable energy from investors.

Egypt to Negotiate Smart Meter Bids

The Egyptian Ministry of Electricity and Renewable Resources completed reviewing bids from seven companies that submitted tenders to supply 250,000 smart electricity meters.

GE Started Power Plants Maintenance

General Electric (GE) started $80m maintenance work on the Kuraymat and North Giza power plants in Egypt.

Egypt to Set Power Line Project Lead

The Egyptian Ministry of Electricity and Renewable Energy will select between the State Grid Corporation of China and Egypt’s Elsewedy Electric to construct a transmission line from Samalut to Naga Hammadi with a cap ...

Egypt Reviewed FiT Offers

The Ministry of Electricity and Renewable Energy reviewed offers from 9 firms seeking to participate in phase I of the energy purchasing Feed-in-Tariff (FiT) program with the German Consulting Office Fichtner.

FiT Investors to Bear Increased Construction Costs

The Egyptian Ministry of Electricity aims to increase costs sharing percentages associated with solar energy Feed-in-Tariff (FiT) by 30% after EGP devaluation.

Egypt to Establish 4 New Electricity Firms

The Egyptian Electricity Holding Company's (EEHC) General Assembly approved establishing four companies with a total capital of EGP 180b.

Damanhour Power Project Pushed to 2022/2027

The Egyptian Ministry of Electricity has decided to defer the Damanhour power plant project to its 2022/2027 five-year plan, and accordingly it will delay issuing related tenders.

Egypt to Pay EGP 800m to Fuel Power Plants

The Egyptian Ministry of Electricity will pay EGP 800m to the Ministry of Petroleum for fuel consumed by power plants.

Egypt to Increase Biofuel Power Tariffs

A committee from the Egyptian Ministries of Electricity and Environment will present to the Egyptian Cabinet a proposal to increase power purchasing tariffs for producing electricity from biofuel.

Page 7 of 10

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