{"id":626066,"date":"2018-08-29T03:50:21","date_gmt":"2018-08-29T03:50:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/"},"modified":"2018-08-29T03:50:21","modified_gmt":"2018-08-29T03:50:21","slug":"negotiations-on-acwa-powers-dairut-power-plant-stalled","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/","title":{"rendered":"Negotiations on ACWA Power\u2019s Dairut power plant stalled"},"content":{"rendered":"

Negotiations between Saudi Arabia\u2019s ACWA Power and the Electricity Ministry over the former\u2019s USD 2.2 bn, 2.25 GW Dairut power plant have stalled after nearly several months of negotiations, according to ministry sources<\/a>. It remains unclear what is behind the stalled talks, but the sources noted that ACWA has yet to receive the allocated land for the plant, despite agreeing to relocate it to Luxor. Last we heard<\/a>, ACWA had agreed in February to push the plant to the ministry\u2019s 2022-2027 five-year plan instead of the 2017-2022 plan due to the surplus in production currently on the national grid. ACWA had also reportedly been closing in on a power purchasing agreement with the ministry for the plant.<\/p>\n","protected":false},"excerpt":{"rendered":"

Negotiations between Saudi Arabia\u2019s ACWA Power and the Electricity Ministry over the former\u2019s USD 2.2 bn, 2.25 GW Dairut power plant have stalled after nearly several months of negotiations, according to ministry sources. It remains unclear what is behind the stalled talks, but the sources noted that ACWA has yet to receive the allocated land […]<\/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-626066","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"aeeb6a38-0207-485f-86bc-2f521a4baf65","order":"0","is_powered_by":true,"section_story_id":"040835eb-1c40-4fc2-80a2-b17b3b6e8c93","story_type":"1","photo_url":"","photo_position":"above","related_issue":[626040],"teaser":"","voice_url":""},"yoast_head":"\nNegotiations on ACWA Power\u2019s Dairut power plant stalled - 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\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Negotiations on ACWA Power\u2019s Dairut power plant stalled\" \/>\n<meta property=\"og:description\" content=\"Negotiations between Saudi Arabia\u2019s ACWA Power and the Electricity Ministry over the former\u2019s USD 2.2 bn, 2.25 GW Dairut power plant have stalled after nearly several months of negotiations, according to ministry sources. It remains unclear what is behind the stalled talks, but the sources noted that ACWA has yet to receive the allocated land […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-29T03:50:21+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\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Negotiations on ACWA Power\u2019s Dairut power plant stalled\",\"datePublished\":\"2018-08-29T03:50:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/\",\"name\":\"Negotiations on ACWA Power\u2019s Dairut power plant stalled - 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The delay is a result of the surplus in production currently on the national grid,\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":632483,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/acwa-power-to-finalize-dairut-2-4-gw-plant-agreement-soon\/","url_meta":{"origin":626066,"position":1},"title":"ACWA Power to finalize Dairut 2.4 GW plant agreement \u201csoon\u201d","author":"enterpriseam admin","date":"12 February 2018","format":false,"excerpt":"Saudi Arabia\u2019s ACWA Power may soon finalize a power purchase agreement with Egyptian authorities for the Dairut gas-fired 2.4 GW plant, CEO Paddy Padmanathan said, Reuters reports. The project has experienced delays as the Electricity Ministry remains undetermined on the location. Padmanathan also noted that nearly USD 14 bn in\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":635369,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/03\/electricity-ministry-remains-undecided-on-location-of-acwa-powers-2-25-gw-power-plant\/","url_meta":{"origin":626066,"position":2},"title":"Electricity Ministry remains undecided on location of ACWA Power\u2019s 2.25 GW power plant","author":"enterpriseam admin","date":"3 December 2017","format":false,"excerpt":"The Electricity Ministry has yet to decide whether to build ACWA Power\u2019s 2.25 GW Dairut power plant in Luxor or Qena, Al Mal reports. The ministry had reached an agreement with ACWA for the plant back in May, with plans to build it in Luxor instead of the original Dairut.\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":647543,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/","url_meta":{"origin":626066,"position":3},"title":"Electricity Ministry reaches agreement with ACWA Power for 2.25 GW power plant","author":"enterpriseam admin","date":"14 May 2017","format":false,"excerpt":"The Electricity Ministry has reached an agreement with ACWA Power to establish a USD 2.2 bn, 2.25 GW power plant in Luxor, unnamed ministry sources tell Al Borsa. The plant was originally planned for Dairut, Beheira, but was moved to Luxor to increase energy production in Upper Egypt. Cabinet had\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":647375,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/","url_meta":{"origin":626066,"position":4},"title":"ACWA Power granted government guarantee for 2.25 GW power plant","author":"enterpriseam admin","date":"9 May 2017","format":false,"excerpt":"Cabinet granted ACWA Power a government guarantee to for the construction of a USD 2.2 bn, 2.25 GW power plant on right-to-use basis for 25 years, sources tell Al Borsa. Negotiations are ongoing on issues including the plant\u2019s location. Initially planned for Dairut in Beheira, it might be relocated.","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":596185,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/acwa-power-studying-supply-bids-for-2-25-gw-luxor-power-plant\/","url_meta":{"origin":626066,"position":5},"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. Sources say the company is aiming for an agreement before the financial closure of the project in 2Q2022.\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626066","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=626066"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626066\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/626040"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=626066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=626066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=626066"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=626066"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=626066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}