{"id":621709,"date":"2018-11-15T04:05:31","date_gmt":"2018-11-15T04:05:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/"},"modified":"2018-11-15T04:05:31","modified_gmt":"2018-11-15T04:05:31","slug":"acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/","title":{"rendered":"ACWA, Hassan Allam to sell electricity to gov\u2019t at USD 0.018\/kwh from Luxor plant"},"content":{"rendered":"

The Electricity Ministry, Saudi\u2019s ACWA Power, and Hassan Allam Holding have agreed to set the final price for electricity generated from the USD 2.3 bn, 2.3 GW Luxor power plant at USD 0.018\/kwh, ministry officials tell \/Al Mal<\/a>. The ministry will cover part of the cost of supplying the plant with natural gas in exchange for a lower-than-market-price for the energy produced. The three signed last week<\/a> the power purchase agreement for the 2.3 GW plant, which is expected to reach full capacity by 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Electricity Ministry, Saudi\u2019s ACWA Power, and Hassan Allam Holding have agreed to set the final price for electricity generated from the USD 2.3 bn, 2.3 GW Luxor power plant at USD 0.018\/kwh, ministry officials tell \/Al Mal. The ministry will cover part of the cost of supplying the plant with natural gas in exchange […]<\/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":[1042,244,93,72,890],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621709","post","type-post","status-publish","format-standard","hentry","category-energy","tag-acwa-power","tag-electricity","tag-energy","tag-enterpriseam","tag-hassan-allam-holding","wpautop","entry"],"acf":{"mongo_id":"580105a2-f069-4ea3-bb71-22cb7d155fe0","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"ACWA, Hassan Allam to sell electricity to gov\u2019t at USD 0.018\/kwh from Luxor plant","related_issue":[621684],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.d9a7f14a-6221-4958-aa7b-a5aac0ea2f00.mp3"},"yoast_head":"\nACWA, Hassan Allam to sell electricity to gov\u2019t at USD 0.018\/kwh from Luxor plant - 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\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ACWA, Hassan Allam to sell electricity to gov\u2019t at USD 0.018\/kwh from Luxor plant\" \/>\n<meta property=\"og:description\" content=\"The Electricity Ministry, Saudi\u2019s ACWA Power, and Hassan Allam Holding have agreed to set the final price for electricity generated from the USD 2.3 bn, 2.3 GW Luxor power plant at USD 0.018\/kwh, ministry officials tell \/Al Mal. The ministry will cover part of the cost of supplying the plant with natural gas in exchange […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-15T04:05:31+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ACWA, Hassan Allam to sell electricity to gov\u2019t at USD 0.018\/kwh from Luxor plant\",\"datePublished\":\"2018-11-15T04:05:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ACWA Power\",\"electricity\",\"energy\",\"EnterpriseAM\",\"Hassan Allam Holding\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/\",\"name\":\"ACWA, Hassan Allam to sell electricity to gov\u2019t at USD 0.018\/kwh from Luxor plant - 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The investments will be directed toward energy projects in Luxor\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":596185,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/acwa-power-studying-supply-bids-for-2-25-gw-luxor-power-plant\/","url_meta":{"origin":621709,"position":2},"title":"Acwa Power studying supply bids for 2.25 GW Luxor power plant","author":"enterpriseam admin","date":"20 August 2019","format":false,"excerpt":"Acwa Power is studying bids submitted by Siemens, General Electric and Mitsubishi Electric to supply production units and equipment for its 2.25 GW power plant in Luxor, according to the local press. 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