Siemens | Egypt Oil & Gas - Part 7
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, reported Daily News Egypt. The new firms will operate under the umbrella ...
Siemens Added 400MW to Egypt’s Power Grid
German Siemens started running first production unit at its Beni Suef power plant with capacity of 400MW. Sources with the Ministry of Electricity stated that the ministry agreed with Siemens to start the second produ...
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, reported Al Borsa. Sources with the M...
Egypt Boosted Siemens’ Profits
Germany’s Siemens stated that it had boosted its net profit in the quarter ending September by 18%. This increase came from Siemens’ large power plants in Egypt, reported Business Insider. Siemens profit f...
Egypt Boosted Power Transmission
The Egyptian Electricity Transmission Company’s (EETC) CEO, Gamal Abdel Rahim, said that the Ministry of Electricity has spent around $238m on enhancing power transformer stations to support Egypt’s electricity distri...
Siemens to Start Power Plant Trails
Siemens plans to complete trial runs for 11 units at its three Egyptian power plants located in Burullus, Beni Suef, and the New Capital by the end of November, early December. Sources with the Ministry of Electricity...
Egypt to Boost Renewable Energy by 20%
The Egyptian New and Renewable Energy Authority’s (NREA) Chairman, Mohamed El Sobky, stated by 2022 Egypt would have increased power production from renewable resource by 20%. El Sobky added that NREA has tender...
Burullus Started Trial Power Production
A source with the Egyptian government stated that Siemens will start trails in Burullus power plant late mid to late October. While, the Egyptian Ministry of Electricity will provide the power plant with 500KW from Ab...
