{"id":622780,"date":"2018-10-11T04:35:51","date_gmt":"2018-10-11T04:35:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/"},"modified":"2018-10-11T04:35:51","modified_gmt":"2018-10-11T04:35:51","slug":"oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/","title":{"rendered":"Oyoun Moussa coal plant, ACWA\u2019s Luxor power plant to go live in four years"},"content":{"rendered":"<p>Construction of Abu Dhabi\u2019s Al Nowais Investments\u2019 USD 4 bn coal power station in Oyoun Moussa and Saudi\u2019s ACWA Power\u2019s USD 2.2 bn power plant in Luxor should be complete in four years\u2019 time, an unnamed source at the Electricity Ministry tells Amwal Al Ghad. The Electricity Ministry expects to finalize talks with Al Nowais <a href=\"https:\/\/enterprise.press\/stories\/2016\/03\/22\/the-great-investment-banking-shake-out-of-2016-continues-arqaam-acquires-akanar-while-naeem-and-mubasher-eye-at-brokerage\/\">over the final price of electricity<\/a> generated from the plant, which have been ongoing for well over three years since the project was first announced. Talks between ACWA Power and the ministry over its 2.25 GW plant <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/\">had previously stalled<\/a>, ostensibly over the plant\u2019s location. This came after a meeting between Prime Minister Mostafa Madbouly and ACWA Power CEO Paddy Padmanathan in Cairo yesterday, where they discussed recent developments on the projects, <a href=\"https:\/\/www.youm7.com\/story\/2018\/10\/10\/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%A3%D9%83%D9%88%D8%A7%D8%A8%D8%A7%D9%88%D8%B1-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-2-3-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%81%D9%89\/3984137\">Youm7 says<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction of Abu Dhabi\u2019s Al Nowais Investments\u2019 USD 4 bn coal power station in Oyoun Moussa and Saudi\u2019s ACWA Power\u2019s USD 2.2 bn power plant in Luxor should be complete in four years\u2019 time, an unnamed source at the Electricity Ministry tells Amwal Al Ghad. The Electricity Ministry expects to finalize talks with Al Nowais [&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":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622780","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"5daf3739-1be3-4488-a43c-eaea4353f33d","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Oyoun Moussa coal plant, ACWA\u2019s Luxor power plant to go live in four years","related_issue":[622753],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.5cb923bf-ed2c-4ba5-b1bf-d5e695c382c2.mp3"},"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>Oyoun Moussa coal plant, ACWA\u2019s Luxor power plant to go live in four years - 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\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oyoun Moussa coal plant, ACWA\u2019s Luxor power plant to go live in four years\" \/>\n<meta property=\"og:description\" content=\"Construction of Abu Dhabi\u2019s Al Nowais Investments\u2019 USD 4 bn coal power station in Oyoun Moussa and Saudi\u2019s ACWA Power\u2019s USD 2.2 bn power plant in Luxor should be complete in four years\u2019 time, an unnamed source at the Electricity Ministry tells Amwal Al Ghad. The Electricity Ministry expects to finalize talks with Al Nowais [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-11T04:35:51+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\/2018\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oyoun Moussa coal plant, ACWA\u2019s Luxor power plant to go live in four years\",\"datePublished\":\"2018-10-11T04:35:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/\"},\"wordCount\":145,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/\",\"name\":\"Oyoun Moussa coal plant, ACWA\u2019s Luxor power plant to go live in four years - 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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 &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":622870,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/","url_meta":{"origin":622780,"position":1},"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 &quot;Speed Round&quot;","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":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":622780,"position":2},"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 &quot;Speed Round&quot;","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":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":622780,"position":3},"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 &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":592794,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypt-could-postpone-usd-6-bn-worth-of-coal-power-projects\/","url_meta":{"origin":622780,"position":4},"title":"Egypt could postpone USD 6 bn-worth of coal power projects","author":"enterpriseam admin","date":"6 November 2019","format":false,"excerpt":"The Electricity Ministry is looking at potentially postponing all coal-fired power projects or offering investors the option to switch to a renewable energy project, Egyptian Electricity Holding Company (EEHC) head Gaber El Desouky told Al Mal. According to El Desouky, the pending coal projects are worth a combined USD 6\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":635641,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/electricity-ministry-allocates-land-for-al-nowais-usd-4-bn-coal-plant\/","url_meta":{"origin":622780,"position":5},"title":"Electricity Ministry allocates land for Al Nowais\u2019 USD 4 bn coal plant","author":"enterpriseam admin","date":"10 December 2017","format":false,"excerpt":"The UAE\u2019s Al Nowais has officially been allocated land for its USD 4 bn, 2,650 MW coal power station in Oyoun Mousa, Electricity Minister Mohamed Shaker tells Al Borsa. Al Nowais will receive the land on a right-to-use basis and sell electricity to the state at a price that is\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622780","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=622780"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622780\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622753"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622780"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622780"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}