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Tag: Electricity
ACWA

Egypt signs $2.3 billion power plant deal with Saudi ACWA Power

Posted: November 3, 2018 at 1:51 pm   /   Electricity & Power

Egypt signed a deal with Saudi Arabian utility developer ACWA Power on Thursday to build a $2.3 billion power plant in the country’s south, the Egyptian electricity minister said. The plant, which will have a capacity of 2,250 megawatts (MW), will be built in Luxor province, the minister, Mohamed Shaker, told a news conference. He […]

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Electricity

Egypt-Sudan electricity link to start by year end with 100 MW capacity

Posted: October 30, 2018 at 4:26 pm   /   Electricity & Power

The project’s first phase are progressing well, as about 91% of drilling work is completed. Egypt is to start operating the electricity link with Sudan with a capacity of 100 megawatts (MW), by the end of this year. Government sources told Daily News Egypt that the implementation rates of the project’s first phase are progressing […]

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Clean-Coal

Egypt to build world’s biggest, most advanced clean-coal power plant

Posted: October 20, 2018 at 2:11 pm   /   Electricity & Power

As ports go, even sailors could struggle to find Hamrawein on the map. This town on the Red Sea, 600 kilometres south-east of Cairo is dwarfed by other harbours on the route to Suez, but all that will change over the next six years as Egypt builds the world’s largest clean-coal plant. A Chinese conglomerate […]

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IRENA-Director-General-Mr-Adnan-Z-Amin-and-HE-Dr-Mohamed-Shaker-Egyptian-Minister-of-Electricity

IRENA: Egypt can generate over 50% of its electricity with renewable energy

Posted: October 14, 2018 at 6:27 pm   /   Renewables

IRENA’s new ‘Egypt Renewable Energy Outlook’ report shows renewables could present cost savings of USD 900 million annually. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook  report, released at a high-level conference in Cairo […]

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Nuclear Plant

Rosatom to train 2,000 Egyptian technicians for Dabaa nuclear plant

Posted: October 14, 2018 at 2:02 pm   /   Electricity & Power

Russia’s State Atomic Energy Corporation Rosatom will train 2,000 Egyptian technicians to work on operating and maintaining Egypt’s first nuclear power plant (NPP) , Vice president of Rosatom Sosnin Gregory told Ria Novosti news agency on Friday. The negotiations are being held in Egypt in the framework of a joint Egyptian-Russian group working on organizing the process […]

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Egypt

Location, infrastructure to turn Egypt into regional energy hub – Xinhua

Posted: October 9, 2018 at 2:55 pm   /   Electricity & Power, Oil & Gas

News Analysis: Strategic location, improved infrastructure to turn Egypt into regional energy hub. With Egypt’s strategic location and improved infrastructure, the North African country is becoming a regional hub for energy trade, said experts. “Egypt has all the conditions needed to turn into a regional hub for energy trade. It has a very unique location […]

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Siemens

Egypt signs $352 million deal with Siemens to manage 3 power stations

Posted: September 23, 2018 at 12:57 pm   /   Electricity & Power

Egypt on Thursday signed a $352 million contract with Siemens AG and Siemens Technologie to manage three gigantic new power plants built to plug a gap in Egypt’s electricity needs, state news agency MENA reported. Egyptian President Abdel Fattah al-Sisi opened the power stations in July, which were built by Siemens at a total cost […]

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Siemens

President Sisi inaugurates three Siemens power plants

Posted: July 24, 2018 at 8:28 pm   /   Electricity & Power

President Abdel Fatah al-Sisi arrived Tuesday in the New Administrative Capital to inaugurate four national megaprojects in the electricity sector. The projects include three giant power plants carried out by the German company, Siemens, in the New Administrative Capital, Beni Suef, and Burullus with a total capacity of 14400 megawatts, or about 50 percent of […]

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Nat Gas

Egypt raises natural gas prices by up to 75 percent

Posted: July 23, 2018 at 7:59 pm   /   Oil & Gas

Egypt has raised natural gas prices for households and businesses by between 33.3 and 75 percent. Saturday’s decision, published in the official gazette, should come into effect starting August. Gas consumption of up to 30 cubic meters was raised by 75 percent, 30-60 cubic meter gas consumption by 42.8 percent and consumption of over 60 […]

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Fuel Egypt

Egypt hikes fuel, electricity prices in IMF-backed austerity drive

Posted: June 17, 2018 at 8:24 pm   /   Electricity & Power, Oil & Gas

Egypt has raised gasoline prices by up to 50 percent, the oil ministry said on Saturday, under an IMF reform plan calling for austerity measures that have made life tougher for ordinary Egyptians. Oil Minister Tarek El Molla said the price rises would help Egypt save up to 50 billion Egyptian pounds ($2.8 billion) in […]

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