EETC, EEHC electricity companies demerger pushed to 2025
The Egyptian Electricity Transmission Company’s (EETC) planned split from the Egyptian Electricity Holding Company (EEHC) has been pushed until 2025, Al Mal reports, citing Electricity Ministry sources. The delay comes as a result of the government extending its timeline to withdraw electricity subsidies from 2022 until 2025, leaving electricity prices over that period uncertain, and […]
Benban solar developers get reduced cost-sharing bill
Benban solar developers get a break: The Egyptian Electricity Transmission Company (EETC) has signed an agreement with 32 solar developers operating at the Benban plant that will cut their cost-sharing bill by EGP 300 mn to EGP 1.6 bn, the local press reports, citing unnamed sources familiar with the matter. The agreement, which was first […]
Siemens Gamesa: Egypt – Wind brings clean energy, growth and hope
To understand sustainable development, you need to look no further than Siemens Gamesa’s recent wind energy projects at Ras Ghareb, Egypt. From supporting health and education at the Ras Ghareb wind energy project, to providing employment and protecting biodiversity at the West Bakr wind farm, these projects are not just about providing clean electricity. Soaring […]
ElSewedy Electric signs substation contracts with EETC worth EGP 846m
ELSEWEDY ELECTRIC for Trading & Distribution Signs New EPC Contracts with the Egyptian Electricity Transmission Company worth EGP 846 Million. ELSEWEDY ELECTRIC, the leading Wires & Cables and Integrated Energy Solution Provider in the Middle East and Africa, announced today that its subsidiary ELSEWEDY ELECTRIC for Trading & Distribution has signed a new EPC contracts […]
EETC to tender Alexandria Regional Energy Control Center in 2021
The Egyptian Electricity Transmission Company is planning to launch a global tender in early 2021 for a regional energy control center in Alexandria’s Moharram Bey area, according to Al Mal, citing unnamed Electricity Ministry sources. The company is currently negotiating with international institutions for a USD 50 million long-term financing package for the project, the […]
General Electric awarded EGP 825 mn contract for Delta control center
General Electric has been awarded the contract to establish a regional energy control center in Dakahlia by the Egyptian Electricity Transmission Company, Al Mal reports. The American conglomerate undercut a EGP 862 million offer by ABB and ElSewedy Electric with a EGP 825 million bid. The project will be financed through a EUR 50 millon […]
EETC settles EGP 1.6 bn cost-sharing bill increase with Benban solar companies
Benban solar developers get EGP 300 mn reduction in cost-sharing bill: Solar power developers operating at the Benban solar power park have reached an agreement with the Egyptian Electricity Transmission Company (EETC) to lower the cost-sharing bill to EGP 1.6 bn from EGP 1.9 bn, the local press reports, citing unnamed sources at the EETC. […]
Ibrashi inspects 6 October transformer station, notes GE and Madkour efforts
The Head of the Cairo Electricity District inspects the 6th of October city transformer station; Al-Ibrashi expresses his appreciation for the professional efforts of GE and Madkour. Within the framework of the directives of Eng. Sabah Mashaly, Chairman of the Board of Directors of the Egyptian Electricity Transmission Company and the follow-up of Eng. Gamal […]
Siemens Energy to power Alexandria’s Bashaer El Khair City in Egypt
Bashaer El Khair is part of a national project to set up urban modern cities to drive the country’s economic and social development. Project set to supply power from national grid to feed new residential complex. In a new move aimed at improving the resilience of Egypt’s power transmission network, Siemens Energy has been selected […]
Egypt cancels construction of 200 MW West Nile Delta solar project
The Egyptian Electricity Transmission Company (EETC) has decided to cancel a recently launched tender for the construction of a 200 MW solar PV project in the West Nile region of Egypt, considering that Egypt had reached surplus electricity in a context of low electricity demand. However, it hasn’t cancelled the tender for 600 MW of projects that will […]
