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Electricity & Power
egypt-electricity-growth

BMI: Why Egypt looks set to be regional leader in electricity for next nine years

Posted: March 11, 2020 at 1:12 pm   /   Electricity & Power

Fitch Solutions’ BMI Research Egypt Power report on Egypt’s electricity sector is on track to generate an exportable surplus. The report sees Egypt increasing power generation to 265 terawatt hours (TWh) by 2023 from 231.5 […]

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Schneider

Schneider Electric signs agreement with Egypt to build power control centers

Posted: March 3, 2020 at 12:34 pm   /   Electricity & Power

Schneider Electric has signed an agreement with the Electricity Ministry to build power control centers for Egypt’s electricity grid, an Ittihadiya statement said. President Abdel-Fattah El-Sisi met with SE’s Executive Vice President for International Operations […]

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mitsubishi

Egypt achieved unprecedented growth in oil & gas, power sectors – Mitsubishi

Posted: February 24, 2020 at 2:50 pm   /   Electricity & Power, Oil & Gas

The general manager of Mitsubishi Heavy Industries said Wednesday that Egypt has achieved unprecedented growth in the energy sector, whether in the oil sector and the oil and gas explorations or the electricity.  Such successes […]

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siemens

HSBC frontrunner to advise Sovereign Fund on Siemens plant stake sale

Posted: January 27, 2020 at 5:03 pm   /   Electricity & Power

Sovereign fund to tap HSBC as advisor on combined-cycle plant stake sale? HSBC is reportedly the frontrunner to advise the Sovereign Fund of Egypt on the sale of a 70% stake in the first of […]

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electricity

Egypt to invest EGP 75 billion in 2020 to improve electricity grids

Posted: December 18, 2019 at 1:31 pm   /   Electricity & Power

Minister of Electricity and Renewable Energy Mohamed Shaker said on Monday Egypt will implement a plan with investments exceeding EGP 75 billion to improve electric grids nationwide in 2020.  In statements to Nile TV channel […]

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MedTSO-MEDREG

Med-TSO, MEDREG partner for training on Regulating Electricity Infrastructure Investment

Posted: December 17, 2019 at 12:48 pm   /   Electricity & Power

Regulating Electricity Infrastructure Investment – Med-TSO and MEDREG together for a three-day training in Rome. In light of their common interest in strengthening the harmonization of regulatory frameworks and in speeding up operative integration of […]

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MedTSO

Med-TSO’s Technical Committees for Planning and Exchange met in Rome

Posted: December 6, 2019 at 6:45 pm   /   Electricity & Power

On November 27th and 28th, the Technical Committees of Planning and International Electricity Exchange met in Rome to implement Med-TSO’s ongoing Mediterranean Project 2, with the objective to promote the progressive integration and interconnection of […]

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Siemens Burullus-Power-Plant

Actis, Engie, Datang are all in running for stake in Egypt’s Siemens plants

Posted: November 15, 2019 at 2:42 pm   /   Electricity & Power

More details on potential investors in Egypt’s Siemens combined-cycle power plants: Actis, France’s Engie, and China Datang Overseas Investment are all competing alongside Blackstone’s Zarou to acquire a stake in the Siemens / Orascom Construction […]

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Electricity-power-plant

Zarou is reportedly leading the race for a stake in Siemens power plants

Posted: November 13, 2019 at 3:23 pm   /   Electricity & Power

Zarou is the top contender for stake in Siemens power plants: Blackstone Group’s Zarou is reportedly the frontrunner out of six investors looking to acquire a stake in the Siemens / Orascom Construction / Elsewedy […]

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Siemens

Egypt’s sovereign wealth fund looks to acquire 30% stake in Siemens plants

Posted: November 12, 2019 at 11:29 am   /   Electricity & Power

Egypt’s new sovereign wealth fund could take a 30% stake in Siemens-OC-Elsewedy power plants and place the rest with international investors. Sovereign wealth fund is looking to acquire a 30% stake in the Siemens / […]

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