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Masdar, Infinity, and EETC finalize agreement for Ras Ghareb wind farm
The project comes with a USD 216.7 mn price tag
EBRD could greenlight funds for electricity grid modernization
The total project would require EUR 200 mn, with the remaining EUR 35 mn coming from EU grants
Egypt-Saudi electricity interconnection finally has a timeline
Our 3 GW electricity linkup with Saudi is going live in mid-2025: Trial operations for the USD 1.8 bn Egypt-Saudi…
THIS MORNING: US floats Russia oil ban; Oil market freaks out
Good morning, wonderful people. It’s another packed issue today, with fallout from Russia’s war in Ukraine still dominating the headlines…
Elsewedy Electric signs agreement to build monorail substations
EETC, Elsewedy Electric ink monorail substations contracts: Elsewedy Electric has signed an EGP 178 mn contract with the Egyptian Electricity…
THIS EVENING: Senate back in session today; Georgieva faces IMF on corruption allegations; Bad day for FB; Nobel Physics prize winners announced.
It’s been a busy day, ladies and gentlemen, as we approach the end of the short work week. We have…
Elsewedy snags EETC EGP 1.15 bn contract to build 3 electricity substations
Elsewedy Electric has signed two turnkey contracts worth a combined EGP 1.15 bn with the state-owned Egyptian Electricity Transmission Company…
Electricity company 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,…
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