The Egyptian Ministry of Electricity paid $2.35b to Germany's Siemens for construction work in addition to providing turbines and equipment for Burullus power plant, Beni Suef Power Plant, and New Capital Power Plant.
The Egyptian General Petroleum Corporation (EGPC) has EGP 200b unpaid dues from government ministries and state-owned institutions for providing them with petroleum products and derivatives.
In accordance with the increase in electricity prices by 21% to 23% for energy intensive industries using high voltage, Egyptian manufacturers and merchants are planning to raise their selling prices. The impact on i ...
The Egyptian Ministry of Electricity and the New & Renewable Energy Authority are studying an offer proposed by the German energy company Siemens to produce 10,000 MW of renewable energy in Egypt by December 2016.