{"id":597167,"date":"2019-07-17T03:57:59","date_gmt":"2019-07-17T03:57:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/eetc-looking-to-settle-egp-1-9-bn-cost-sharing-bill-with-benban-solar-companies\/"},"modified":"2019-07-17T03:57:59","modified_gmt":"2019-07-17T03:57:59","slug":"eetc-looking-to-settle-egp-1-9-bn-cost-sharing-bill-with-benban-solar-companies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/eetc-looking-to-settle-egp-1-9-bn-cost-sharing-bill-with-benban-solar-companies\/","title":{"rendered":"EETC looking to settle EGP 1.9 bn cost-sharing bill with Benban solar companies"},"content":{"rendered":"<p>The Egyptian Electricity Transmission Company (EETC) will hold a meeting with the Benban Solar Energy Developer Association to settle the EGP 1.9 bn rise in the cost-sharing bill for projects in the Benban solar park, EETC sources <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/16\/1225772\">tell the local press<\/a>. According to the sources, the companies working on the solar projects are refusing to pay the sum, which is a result of increased building material costs, but the banks financing these projects are on board to extend additional financing to cover the cost increases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian Electricity Transmission Company (EETC) will hold a meeting with the Benban Solar Energy Developer Association to settle the EGP 1.9 bn rise in the cost-sharing bill for projects in the Benban solar park, EETC sources tell the local press. According to the sources, the companies working on the solar projects are refusing to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7207],"tags":[2551,93,72,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597167","post","type-post","status-publish","format-standard","hentry","category-energy","tag-egyptian-electricity-transmission-company","tag-energy","tag-enterpriseam","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"1a40b149-2450-4b83-9ee6-09df4c197b94","is_powered_by":true,"section_story_id":"0d54c221-15a6-4d75-8577-f667927415ab","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597133],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EETC looking to settle EGP 1.9 bn cost-sharing bill with Benban solar companies - 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\/2019\/07\/17\/eetc-looking-to-settle-egp-1-9-bn-cost-sharing-bill-with-benban-solar-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EETC looking to settle EGP 1.9 bn cost-sharing bill with Benban solar companies\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Electricity Transmission Company (EETC) will hold a meeting with the Benban Solar Energy Developer Association to settle the EGP 1.9 bn rise in the cost-sharing bill for projects in the Benban solar park, EETC sources tell the local press. 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Construction of the project is expected\u2026","rel":"","context":"In &quot;Energy&quot;","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":637312,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/govt-fit-costs-from-benban-solar-park-could-reach-egp-3-3-bn-per-year\/","url_meta":{"origin":597167,"position":4},"title":"Gov\u2019t FiT costs from Benban solar park could reach EGP 3.3 bn per year","author":"enterpriseam admin","date":"13 November 2017","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) expects its feed-in tariff payments for the solar power projects in Benban, Aswan to reach EGP 3.3 bn per year, according to Al Borsa.","rel":"","context":"In &quot;Energy&quot;","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":602751,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/04\/elsewedy-electric-signs-egp-1-7-bn-power-transmission-agreement-with-eetc\/","url_meta":{"origin":597167,"position":5},"title":"Elsewedy Electric signs EGP 1.7 bn power transmission agreement with EETC","author":"enterpriseam admin","date":"4 April 2019","format":false,"excerpt":"Elsewedy Electric has signed an EGP 1.7 bn agreement with the Egyptian Electricity Transmission Company (EETC) to set up an electricity transmission line from the Benban solar power park, EETC head Sabah Mashaly told reporters. 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