Tag: electricity

Unpaid dues to Ministry of Electricity register EGP 88bn at end of May

EGP 65.4bn in late dues of ministries, government agencies, and sovereign entities

Mohamed Farag Mohamed Farag

Government to secure 18m cubic metres of gas/day for Siemens power plants by year’s end

The three projects require 66m cubic metres of gas per day to…

Mohamed Farag Mohamed Farag

Electricity Ministry agrees with NI Capital to establish 4 companies in June

EEHC to participate with 51%, the IPO will be held after assets…

Mohamed Farag Mohamed Farag

NBE considers granting EGP 7bn to economic sectors in coming period: deputy chairperson

The bank settled EGP 2bn of non-performing debts from July 2015 until…

Hossam Mounir Hossam Mounir

NI Capital to finish studies to establish two electricity production companies in October

Studies have three stages of evaluation including current situation of the assets,…

Mohamed Farag Mohamed Farag

15,000 MW electricity surplus by end of next year, government considers exporting

$13bn expansion plan of national grid capacity to 21,952 MW by 2018,…

Mohamed Farag Mohamed Farag

87 investment alliances ready to operate in renewable energy

Egypt is an ideal model for attracting companies operating in the solar…

Government presents plans to create competitive investment in Egypt’s electricity market

Smart meters reduced water consumption by 40% and electricity consumption by 26%…

Mohamed Alaa El-Din Mohamed Alaa El-Din

After long delay, Egypt plans to gradually increase electricity prices over five-year period, Mashaly

The cost of production for one kilowatt-hour is currently EGP.79 while the…

Banque Du Caire to invest EGP 700m in transport, electricity sectors: chairperson

The bank will focus on the energy and transport sectors in part…

Hossam Mounir Hossam Mounir