Latest in Tag: electricity Highlight
Latest in Tag: electricity
Al-Sisi’s remarks came during his meeting with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mohamed Shaker, and Adviser to President for Urban Planning Amir Sayed Ahmed.
Electricity prices are defined by only consumption segments
Prices are expected to increase by about EGP 0.7-0.15/kwh
Company also launches ‘Study in Egypt’ platform to help foreign students apply to Egyptian universities
Egypt’s Minister of Electricity and Renewable Energy Mohamed Shaker and Minister of Communications and Information Technology Amr Talaat have signed a cooperation protocol to provide the former ministry’s services online.
Japanese Government responded to Egyptian request, by agreeing in 2016 to provide a loan of ¥25bn ($240m) to improve electricity distribution systems
Desouky’s comments came during the company’s Ordinary General Assembly and Extraordinary General Assembly meetings, headed by Minister of Electricity and Renewable Energy Mohamed Shaker.
Al-Sisi also issued decree No. 410 of 2020 on the ratification of another agreement between the Egyptian government and the FDA to finance the development policies in the electricity sector, which was signed on 10 June 2020.
Company would save $130m by transferring these units, which will take place this month, instead of purchasing new ones
Government negotiates with foreign investors to establish new renewable energy projects with capacity of 2,000 MW
President discussed latest developments of electricity projects with Saudi Arabia, Jordan during meeting with Prime Minister Madbouly
Electricity sector investments will see four control centres constructed to support Sinai, Suez Canal electricity network
New network will cover area of 40,000 feddan
Electricity sector is set to increase its production at current prices during FY 2020/21 to about EGP 180.9bn, says El-Said
July electricity bill collection rate did not exceed 80%
Egypt has faced significant challenges in securing its electricity needs, which affected investment in previous years
Electricity Ministry has programme to replace overhead cables with ground cables
The programme aims to promote sustainable development and mitigate climate change impacts on Egypt.
Household electricity prices increase by an average of 19.1%
No disruption to country’s electricity supply chain since 2015, compared to frequent 15-hour power cuts previously
Local and international companies implemented maintenance programmes in preparation for summer
Requests to install coded meters will resume after curfew ends, says Hamza
Funds will go towards completing construction of Assiut’s Walidia 3 power station
El-Sayed added that several major electricity projects have been established to meet development projects’ needs of power in Sinai, the Red Sea, and Sharqeya
In a statement, the EEHC said the meetings come as part of the continuous development of these subsidiary companies and their performance.
Ministry of Electricity has ensured diversity in projects’ capabilities to keep electricity supply running
The 40km long Abu Al-Matamir – West Borg El-Arab recreational aerial line, which has a voltage of 220 kV, was also completed at an investment of EGP 35.2m. Additionally, the37.5km long, 220 kV El-Ameed/Borg El-Arab recreational circuits was completed at an investment cost of EGP 28.2m.
Out of which, 120,000 are Fawry PoS, the remaining 60,000 belong to other e-payment services including Masary, Aman, Bee, and several others.
Applicants should fill new connection form and submit it to the eligible distribution company with the required documents attached.
Subsidies in current fiscal year are EGP 33.5bn