{"id":559170,"date":"2021-01-12T04:13:08","date_gmt":"2021-01-12T04:13:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/electricity-company-demerger-pushed-to-2025\/"},"modified":"2021-01-12T04:13:08","modified_gmt":"2021-01-12T04:13:08","slug":"electricity-company-demerger-pushed-to-2025","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/electricity-company-demerger-pushed-to-2025\/","title":{"rendered":"Electricity company demerger pushed to 2025"},"content":{"rendered":"

The Egyptian Electricity Transmission Company\u2019s (EETC) planned split from the <\/strong>Egyptian Electricity Holding Company (EEHC) has been pushed until 2025<\/strong>, Al Mal<\/a> reports, citing Electricity Ministry sources. The delay comes as a result of the government extending its timeline to withdraw electricity subsidies<\/a> from 2022 until 2025, leaving electricity prices over that period uncertain, and making it impossible for the company to accurately take stock of its capital and financial resources before the split, the sources said. Financial disputes with the Egyptian Transport Company as well as the National Investment Bank also contributed to the delay, the sources added.<\/p>\n

The split is part of a push to reform the electricity sector <\/strong>under the 2016 Electricity Act<\/a>, that would see the EETC regulate and manage the national grid independently of the EEHC, which is responsible for much of the country\u2019s electricity production and distribution. Though the demerger is technically underway<\/a>, procedures to complete the process have been ongoing for years. The Electricity Ministry had contracted<\/a> ESB International to advise on the split.<\/p>\n

ALSO FROM THE PUBLIC SECTOR-<\/strong><\/p>\n

Egyptian Iron and Steel is officially spinning off its mining operations<\/strong> and liquidating its steel plant in Helwan, Masrawy<\/a> reports. The process will only be completed after the company\u2019s workers are compensated, Public Enterprises Minister Hisham Tawfik said yesterday<\/a>. Tawfik had said last year<\/a> that the troubled company would spin off its most valuable business into a separate company ahead of a potential listing on the EGX. This comes as the ministry attempts to streamline a number of state-owned enterprises<\/a> and make the public sector more competitive.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian Electricity Transmission Company\u2019s (EETC) planned split from the Egyptian Electricity Holding Company (EEHC) has been pushed until 2025, Al Mal reports, citing Electricity Ministry sources. The delay comes as a result of the government extending its timeline to withdraw electricity subsidies from 2022 until 2025, leaving electricity prices over that period uncertain, and […]<\/p>\n","protected":false},"author":1,"featured_media":559171,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9943],"tags":[3317,1284,3644,1401,244,770,93,72,373,156],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-public-sector","tag-demerger","tag-eetc","tag-egypt-iron-steel","tag-egyptian-electricity-holding-company","tag-electricity","tag-electricity-ministry","tag-energy","tag-enterpriseam","tag-mining","tag-public-sector","wpautop","entry"],"acf":{"mongo_id":"839a6b22-6c3d-453a-93c1-77111ac82759","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/1\/129.jpg","photo_position":"above","related_issue":[559154],"teaser":"","voice_url":""},"yoast_head":"\nElectricity company demerger pushed to 2025 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/electricity-company-demerger-pushed-to-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Electricity company demerger pushed to 2025\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Electricity Transmission Company\u2019s (EETC) planned split from the Egyptian Electricity Holding Company (EEHC) has been pushed until 2025, Al Mal reports, citing Electricity Ministry sources. The delay comes as a result of the government extending its timeline to withdraw electricity subsidies from 2022 until 2025, leaving electricity prices over that period uncertain, and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/electricity-company-demerger-pushed-to-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-12T04:13:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/129.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/electricity-company-demerger-pushed-to-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/electricity-company-demerger-pushed-to-2025\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Electricity company demerger pushed to 2025\",\"datePublished\":\"2021-01-12T04:13:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/electricity-company-demerger-pushed-to-2025\/\"},\"wordCount\":267,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/electricity-company-demerger-pushed-to-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/129.jpg?fit=%2C&ssl=1\",\"keywords\":[\"demerger\",\"EETC\",\"Egypt Iron & Steel\",\"Egyptian Electricity Holding Company\",\"electricity\",\"Electricity Ministry\",\"energy\",\"EnterpriseAM\",\"mining\",\"public sector\"],\"articleSection\":[\"PUBLIC SECTOR\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/electricity-company-demerger-pushed-to-2025\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/electricity-company-demerger-pushed-to-2025\/\",\"name\":\"Electricity company demerger pushed to 2025 - 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Electricity Minister Mohamed Shaker said that procedures to completely spin off the company are ongoing\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":563054,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/16\/public-sector-wage-increase-signed-into-law\/","url_meta":{"origin":559170,"position":1},"title":"Public sector wage increase signed into law","author":"enterpriseam admin","date":"16 June 2021","format":false,"excerpt":"Next month\u2019s public sector wage hikes are now the law of the land: Legislation that raises basic salaries for public sector workers on 1 July has been ratified by President Abdel Fattah El Sisi, El Watan reports. The bill \u2014 approved by the House last month \u2014 raises wages by\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599792,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/10\/is-the-electricity-ministry-looking-to-ditch-egypts-feed-in-tariff-program-in-favor-of-an-ipp-framework\/","url_meta":{"origin":559170,"position":2},"title":"Is the Electricity Ministry looking to ditch Egypt\u2019s feed-in tariff program in favor of an IPP framework?","author":"enterpriseam admin","date":"10 January 2019","format":false,"excerpt":"Is the Electricity Ministry looking to ditch the feed-in tariff program in favor of IPP framework? The Egyptian Electricity Transmission Company (EETC) is reportedly looking to end its reliance on power purchased from the private sector under the feed-in tariff (FiT) program, unnamed Electricity Ministry sources said. The move is\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":664468,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/30\/eetc-finally-splits-from-eehc-in-move-to-liberalize-the-electricity-market\/","url_meta":{"origin":559170,"position":3},"title":"EETC finally splits from EEHC in move to liberalize the electricity market","author":"enterpriseam admin","date":"30 April 2025","format":false,"excerpt":"Following the split, the EETC will exclusively manage electricity transmission and grid operations","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1525.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575606,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/egyptian-saudi-electricity-project-tender-results-to-be-announced-in-1h2021\/","url_meta":{"origin":559170,"position":4},"title":"Egyptian-Saudi electricity project tender results to be announced in 1H2021","author":"enterpriseam admin","date":"20 October 2020","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) will announce the winner of the Egyptian-Saudi electricity interconnection project tender in the first half of 2021, the local press reports, citing sources at the company. EETC expects to complete analysis of the technical bids in December. Companies that have submitted offers include ElSewedy\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576113,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/10\/eetc-to-tender-alexandria-regional-energy-control-center-in-2021\/","url_meta":{"origin":559170,"position":5},"title":"EETC to tender Alexandria regional energy control center in 2021","author":"enterpriseam admin","date":"10 November 2020","format":false,"excerpt":"The Egyptian Electricity Transmission Company is planning to launch a global tender in early 2021 for a regional energy control center in Alexandria\u2019s Moharram Bey area, according to Al Mal, citing unnamed Electricity Ministry sources. 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