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EETC signs supply and supervision contract with Siemens
The Egyptian Electricity Transmission Company (EETC) has signed with Siemens Egypt and Siemens Transformer a supply and supervision contract worth…
Edra and Blackstone’s Zarou express interest in operating Siemens power plants
INVESTMENT WATCH- Blackstone portfolio company and Edra express interest in operating Siemens power plants: Blackstone Group’s Zarou and Malaysian company…
Egypt signs framework agreement with Cyprus, Greece power linkage
Egypt has signed a cooperation framework agreement with Cyprus and Greece for the planned power linkage project between the three…
Government expects EGP 17 bn revenues from raising electricity prices
Government expects EGP 17 bn revenues from higher electricity prices: The government is expecting to take in some EGP 17…
Electricity prices to rise an average of 15% in FY2019-2020
Electricity prices to rise an average of 15% in FY2019-2020: Average electricity prices will rise by 15% from 1 July,…
General Electric, ENPPI to build Assiut electricity transmission station
General Electric and petroleum contractor Enppi were awarded a contract to construct a USD 25 mn electricity transmission station in…
Egypt’s annual electricity production from renewables hits 6 GW
Egypt is now generating 6 GW of electricity from renewables each year, with 2 GW coming from solar and wind…
Cabinet denies reports suggesting Egypt’s home electricity prices will rise 30-60%
Gov’t (sort of) denies reports suggesting home electricity prices will rise 30-60%: The Madbouly Cabinet denied yesterday domestic press reports…
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