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Infrastructure 
Gov’t to convert 50k cars to run on natural gas this fiscal year
The Oil Ministry plans to convert some 50k cars to run on LNG during FY2020-21, a cabinet statement said. Minister…
Suntech, Benha Electronics win bid to supply administrative capital with solar energy
The Administrative Capital for Urban Development Company has signed a EGP 140 mn agreement with the Military Production Ministry’s Benha…
Egyptian-Saudi electric interconnection project delayed to 2023
The Egyptian-Saudi electric interconnection project has been delayed by two years and is now expected to be operational at the…
NREA to issue international tender for 50 MW solar plant in Egypt’s Benban park
The New and Renewable Energy Authority plans to issue an international tender next month for the construction of a 50…
WEPCO to add 2 new drilling wells to production line for USD 12 mn
The Western Desert Operating Petroleum Co. (WEPCO) will add two new drilling wells to its production line which includes the…
Nile Delta’s Bashrush gas well reserves estimated to be 250 bn cubic feet
Reserves at the Bashrush exploration well in the Nile Delta have been estimated to be around 250 bn cubic feet…
Carlyle, Cairn-backed consortium, Dragon Oil in the running to acquire Shell Egypt onshore assets
M&A WATCH- Private equity firm Carlyle Group and a consortium backed by Cairn Energy are in the running to acquire…
The top infrastructure stories of the week
The top infrastructure stories of the week: The Electricity Ministry signed a EGP 4.6 bn agreement with Schneider Electric to…
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