Latest in Highlight
The of the Egyptian Electricity Transmission Company (EETC) is seeking to implement projects with the budget of the fiscal year (FY) 2019/20 with investments up to EGP 19.55bn.
Breakbulk good opportunity to modernise fleet equipment, interview foreign partners: Nadeem
Investments of FY 2019/20 projects to reach EGP 53bn
EGP 7.5bn to complete plan to strengthen, expand high, ultra-high voltage networks
The Egyptian Electricity Transmission Company (EETC) is preparing to receive newly established electricity pylons that will link the Balat substation with Sharq El Owainat in the New Valley governorate next month
Intro Energy is planning to launch several projects to produce electricity from renewable resources with investments of $100m within three years
Moreover, she explained that the unified reading system reviews the consumption data before issuing bills in order to avoid any mistake. All data and readers are also monitored by the system.
The note added that the prices for higher consumption brackets, above 1,000 kW, remain unchanged at EGP 1.45/kW, as they already pay above the production cost of EGP 1.22/kW.
EGP 17bn proceeds of Electricity sector from price increases
EGP 1.14 per kW/h for LV consumers, EGP 0.75 for UHV consumers
A delegation from Sudan was supposed to visit Egypt and start the project but this has not happened so far.
electricity pricing schemes to be submitted to cabinet for approval within weeks
Arab, international companies awaiting approval to build projects worth $3bn
Tawakol: 80GW/h expected to be contracted with tourism sector
Total dues estimated at EGP 34.3bn until February
The Canal Company for Electricity Distribution agreed to schedule the outstanding dues of the tourism sector over 36 months with 0% interest. An official at the Egyptian Electricity Holding Company (EEHC) said the decision is aimed not to ease the burden on the tourism sector, and help tourist installations to pay their electricity bills regularly …
The government has purchased electricity from the private sector for EGP 400m until March 2019. Sources at the ministry of electricity told Daily News that the Egyptian Electricity Transmission Company (EETC) and electricity distribution companies across the country are committed to repaying the dues of the companies without delays. The sources explained that the largest …
Authorities planning to hedge oil prices, but IMF advised caution, says report
The Administrative Capital for Urban Development (ACUD) held a meeting with a number of smart electricity meter manufacturers and suppliers to discuss applying a comprehensive electricity metering system in the New Administrative Capital. Sources told Daily News Egypt that ACUD aims to launch a comprehensive installing system of electricity metres according to the highest international …
Company collects EGP 50m in fines on electricity theft cases, sells 1.2m LED bulbs, says Fouda
Committee based its study on EGP 17.5 as dollar exchange rate, changes could result in modifications
Company plans investing in El-Dabaa Nuclear Power Plant, Egypt-Cyprus interconnection project, says managing director of ABB Egypt
Electricity distribution companies have been spotted obliging users to purchase LED lamps before installing their prepaid electricity meters. Daily News Egypt has witnessed the obligatory selling of LED lamps to citizens before they paid the fees for their meters. Informed sources told Daily News Egypt that the main reason for this move was due to …
EETC completes about 70% of its targeted FY 2018/19 investments, says chairperson
One billion people suffer from shortage of electricity globally
The government is planning to increase the value of cleaning fees, and will be included in the electricity bills. According to government sources, the cleaning fee is determined based on the value of consumption and geographical scope, and will increase with the increase in the value of electricity consumption segments to be implemented in July, …
Company sold electricity produced from waste plants with 900,000 kW/h capacity for EGP 1m
Proposal to apply VAT on highest consumers instead of cross-subsidy
Institutions receive low, fixed tariff, will not bear cost of setting up stations