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4.4% growth in energy sold to consumers is expected in next fiscal year, says Desouky
Local and international companies implemented maintenance programmes in preparation for summer
Funds will go towards completing construction of Assiut’s Walidia 3 power station
In a statement, the EEHC said the meetings come as part of the continuous development of these subsidiary companies and their performance.
Fawry CEO Ashraf Sabry said the company’s primary goal is to provide different payment channels to its users, in addition to allowing payments through the EEHC website using credit cards via Fawry Pay.
Six companies to provide meters including AOI, El Sewedy
EGAS dues exceeded EGP 165bn end of 2019
Sources at the Ministry of Electricity told Daily News Egypt that the company Artelia, which is responsible for consulting the project, sent the final draft of the contract two weeks ago for approval.
Another reason is also the difficulty of establishing a special port to receive coal for the project in the region of Oyoun Moussa, as the water there is very shallow, which requires the construction of the port deeper inside the water, which would raise the total cost of the plant.
Shaker directs heads of distribution companies to raise collection rates, review invoices before issuance
Law allows offering 49% of ownership to private sector, says Salmawy
Total dues estimated at EGP 34.3bn until February
The Egyptian Electricity Holding Company has agreed with the Export-Import Bank of China (EximBank) Ito finance a 2,400MW pumped-storage hydroelectricity (PSH) project with $2.6bn loan. A high-profile source in the Ministry of Electricity told Daily News Egypt that ongoing negotiations with the Chinese bank over the loan’s interest rate, repayment period, and grace period will …
Station located in Oyoun Musa area of South Sinai, with capacity of 2,650MW
List includes Siemens, Urgent Plant, Attaqa, Mahmoudiya, and Kafr El-Dawar power plants
New agreement aligned with Egypt‘s energy production goals, says Desouky
Eight years contract period, part of contract payable in euro
Company will contract with Sinohydro to implement Ataka power plant next month
First batch ranges from €100-150m after commercial operation, say sources
Contract extends over 8 years, payment in Egyptian pounds, euros
Doosan, Siemens present lowest offers, while 5 other alliances excluded for high costs
Shanghai Electric-Dongfang Electric-Hassan Allam offers lowest bid at $4.4bn
HSBC and Credit Suisse are reportedly arranging a syndicated loan of up $700m for the Egyptian Electricity Holding Company (EEHC), Reuters reported on Wednesday. According to the news agency’s sources, the loan, which may involve other banks, will be guaranteed by the Finance Ministry. It will have a grace period of five years, and is …
Evaluation committee selecting between 4 offers
Cost estimated at EGP 605m, implementation to be completed within 30 months, says El Desouky
Loan to finance maintenance programmes, GE began implementation, says El-Shahat
4,800 MW-capacity units to be added in June
List EEHC choosing between includes Siemens, Schneider, GE
Mitsubishi Hitachi, Orascom Construction, and Elsewedy consortium will probably win the tender: sources
Project aims to link energy produced from Dabaa plant with national grid, sources say