{"id":600505,"date":"2019-01-31T04:03:39","date_gmt":"2019-01-31T04:03:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/al-nowais-eetc-to-sign-power-plant-agreement-in-1q2019\/"},"modified":"2019-01-31T04:03:39","modified_gmt":"2019-01-31T04:03:39","slug":"al-nowais-eetc-to-sign-power-plant-agreement-in-1q2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/al-nowais-eetc-to-sign-power-plant-agreement-in-1q2019\/","title":{"rendered":"Al Nowais, EETC to sign power plant agreement in 1Q2019"},"content":{"rendered":"

INVESTMENT WATCH- Al Nowais, EETC to sign coal power plant agreement in 1Q2019:<\/b> Al Nowais will sign a contract with the Egyptian Electricity Transmission Company (EETC) for the proposed USD 4 bn Oyoun Moussa coal-fired power plant in 1Q2019, Chairman Hussain Al Nowais told Zawya<\/a>. The head of the Emirati investment group said that the company will construct the 2.65 GW facility in three phases over the next four years, with the first phase generating 1.32 GW of electricity. Al Nowais is putting up 70% of the capital for the project. The company is talking to backers in Singapore, South Korea, China and Egypt to fund the remaining 30%.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Al Nowais, EETC to sign coal power plant agreement in 1Q2019: Al Nowais will sign a contract with the Egyptian Electricity Transmission Company (EETC) for the proposed USD 4 bn Oyoun Moussa coal-fired power plant in 1Q2019, Chairman Hussain Al Nowais told Zawya. The head of the Emirati investment group said that the […]<\/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":[8572],"tags":[903,1284,93,72,7111,125,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600505","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-al-nowais","tag-eetc","tag-energy","tag-enterpriseam","tag-infrastructure","tag-investment-watch","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"18c07426-1d13-4833-865c-1e620cfb7bbd","is_powered_by":true,"section_story_id":"fe5add70-3ac0-4dbc-a32e-edd3e7180649","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600491],"teaser":"","voice_url":""},"yoast_head":"\nAl Nowais, EETC to sign power plant agreement in 1Q2019 - 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\/01\/31\/al-nowais-eetc-to-sign-power-plant-agreement-in-1q2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Nowais, EETC to sign power plant agreement in 1Q2019\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Al Nowais, EETC to sign coal power plant agreement in 1Q2019: Al Nowais will sign a contract with the Egyptian Electricity Transmission Company (EETC) for the proposed USD 4 bn Oyoun Moussa coal-fired power plant in 1Q2019, Chairman Hussain Al Nowais told Zawya. The head of the Emirati investment group said that the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/al-nowais-eetc-to-sign-power-plant-agreement-in-1q2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-31T04:03:39+00:00\" \/>\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\/2019\/01\/31\/al-nowais-eetc-to-sign-power-plant-agreement-in-1q2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/al-nowais-eetc-to-sign-power-plant-agreement-in-1q2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Nowais, EETC to sign power plant agreement in 1Q2019\",\"datePublished\":\"2019-01-31T04:03:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/al-nowais-eetc-to-sign-power-plant-agreement-in-1q2019\/\"},\"wordCount\":114,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Al Nowais\",\"EETC\",\"energy\",\"EnterpriseAM\",\"infrastructure\",\"investment watch\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/al-nowais-eetc-to-sign-power-plant-agreement-in-1q2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/al-nowais-eetc-to-sign-power-plant-agreement-in-1q2019\/\",\"name\":\"Al Nowais, EETC to sign power plant agreement in 1Q2019 - 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EETC has agreed to purchase the power produced from the plant\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":602437,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/finance-ministry-issues-financial-guarantee-for-oyoun-moussa-plant\/","url_meta":{"origin":600505,"position":1},"title":"Finance Ministry issues financial guarantee for Oyoun Moussa plant","author":"enterpriseam admin","date":"27 March 2019","format":false,"excerpt":"The Finance Ministry issued a financial guarantee for Al Nowais\u2019 USD 4 bn 2.65 GW Oyoun Moussa coal plant, a source from the Electricity Ministry tells Al Mal. Al Nowais had previously said it is putting up 70% of the capital for the project, and was in talks with backers\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":605146,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/egypt-signs-agreement-to-build-al-nowais-coal-fired-power-plant-in-q12019\/","url_meta":{"origin":600505,"position":2},"title":"Egypt signs agreement to build Al Nowais coal-fired power plant in Q12019","author":"enterpriseam admin","date":"23 December 2018","format":false,"excerpt":"The Egyptian Electricity Holding Company (EEHC) has signed with UAE\u2019s Al Nowais a final agreement to build the USD 4 bn coal-fired power plant in Oyoun Moussa in South Sinai, with construction scheduled to begin in 1Q2019. The project was first announced back in 2015, and experienced several stalls before\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":593568,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/02\/egypt-withdraws-usd-4-bn-contract-with-al-nowais-for-2-65-gw-coal-plant\/","url_meta":{"origin":600505,"position":3},"title":"Egypt withdraws USD 4 bn contract with Al Nowais for 2.65 GW coal plant","author":"enterpriseam admin","date":"2 October 2019","format":false,"excerpt":"INVESTMENT WATCH- Looks like the Al Nowais \u201cclean coal\u201d project may not happen after all: The Electricity Ministry has withdrawn a contract with the UAE\u2019s Al Nowais to build a USD 4 bn, 2.65 GW \u201cclean coal\u201d power station in Oyoun Mousa, government sources told the local press. The sources\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":600367,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/600367\/","url_meta":{"origin":600505,"position":4},"title":"CORRECTION- In our story yesterday\u2026","author":"enterpriseam admin","date":"28 January 2019","format":false,"excerpt":"CORRECTION- In our story yesterday on the EETC and Al Nowais\u2019 anticipated signing of a power purchasing agreement for its coal-fired power plant, we mistakenly said the plant will produce 2.65 MW. The plant will actually produce 2.65 GW. We apologize for the error and have corrected the entry on\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":622870,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/","url_meta":{"origin":600505,"position":5},"title":"A string of renewable energy news worth your attention","author":"enterpriseam admin","date":"15 October 2018","format":false,"excerpt":"A string of news from the energy industry worth your attention this morning: Italy\u2019s Eni is looking to invest USD 300 mn in building solar power stations with a combined production capacity of 300 MW, Electricity Ministry sources said. According to the sources, the company has requested a license from\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=600505"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600505\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/600491"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=600505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=600505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=600505"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=600505"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=600505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}