{"id":627804,"date":"2018-06-12T03:37:44","date_gmt":"2018-06-12T03:37:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/heliopolis-housing-in-talks-with-electricity-ministry-to-sell-power-in-new-heliopolis\/"},"modified":"2018-06-12T03:37:44","modified_gmt":"2018-06-12T03:37:44","slug":"heliopolis-housing-in-talks-with-electricity-ministry-to-sell-power-in-new-heliopolis","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/heliopolis-housing-in-talks-with-electricity-ministry-to-sell-power-in-new-heliopolis\/","title":{"rendered":"Heliopolis Housing in talks with Electricity Ministry to sell power in New Heliopolis"},"content":{"rendered":"<p><strong>Property developers are looking to deregulation of the energy market to provide them with new recurring revenue streams:<\/strong> Heliopolis Housing & Development is in talks with the Electricity Ministry for permission to sell power in its New Heliopolis project, Vice Chairman Wael Youssef <a href=\"http:\/\/www.almalnews.com\/Story\/378798\/11\/%D9%85%D8%B5%D8%B1-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%84%D9%84%D8%A5%D8%B3%D9%83%D8%A7%D9%86-%D8%AA%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D9%84%D8%A8%D9%8A%D8%B9-%D9%88%D8%AA%D9%88%D8%B2%D9%8A%D8%B9-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%A8%D9%87%D9%84%D9%8A%D9%88%D8%A8%D9%88%D9%84%D9%8A%D8%B3-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9\">tells Al Mal<\/a>. If approved, the company will build a EGP 525 mn transformer station for the new development and will have the ministry install electricity meters, he added.<\/p>\n<p><strong>Background: <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/29\/eni-said-to-be-one-of-five-companies-looking-to-build-solar-power-station-under-ipp-framework\/\">As we noted back in April<\/a>, the Egyptian Electricity Utility and Consumer Protection Agency (Egyptera) has reportedly been holding high-level meetings to discuss the pricing scheme for power produced and sold under an independent power producer (IPP) framework. Under the framework, private companies are allowed to directly sell power to consumers while paying the state a fee to use the national grid for transmission.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property developers are looking to deregulation of the energy market to provide them with new recurring revenue streams: Heliopolis Housing &#038; Development is in talks with the Electricity Ministry for permission to sell power in its New Heliopolis project, Vice Chairman Wael Youssef tells Al Mal. If approved, the company will build a EGP 525 [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627804","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"861314bc-8a65-4c50-9fa9-4f6b26f09e40","order":"0","is_powered_by":true,"section_story_id":"dc49f10c-badc-4139-adc5-ba630a44ae3c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627785],"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>Heliopolis Housing in talks with Electricity Ministry to sell power in New Heliopolis - 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\/06\/12\/heliopolis-housing-in-talks-with-electricity-ministry-to-sell-power-in-new-heliopolis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heliopolis Housing in talks with Electricity Ministry to sell power in New Heliopolis\" \/>\n<meta property=\"og:description\" content=\"Property developers are looking to deregulation of the energy market to provide them with new recurring revenue streams: Heliopolis Housing &amp; Development is in talks with the Electricity Ministry for permission to sell power in its New Heliopolis project, Vice Chairman Wael Youssef tells Al Mal. If approved, the company will build a EGP 525 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/heliopolis-housing-in-talks-with-electricity-ministry-to-sell-power-in-new-heliopolis\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-12T03:37:44+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\/06\/12\/heliopolis-housing-in-talks-with-electricity-ministry-to-sell-power-in-new-heliopolis\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/heliopolis-housing-in-talks-with-electricity-ministry-to-sell-power-in-new-heliopolis\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Heliopolis Housing in talks with Electricity Ministry to sell power in New Heliopolis\",\"datePublished\":\"2018-06-12T03:37:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/heliopolis-housing-in-talks-with-electricity-ministry-to-sell-power-in-new-heliopolis\/\"},\"wordCount\":148,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/heliopolis-housing-in-talks-with-electricity-ministry-to-sell-power-in-new-heliopolis\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/heliopolis-housing-in-talks-with-electricity-ministry-to-sell-power-in-new-heliopolis\/\",\"name\":\"Heliopolis Housing in talks with Electricity Ministry to sell power in New Heliopolis - 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The company is in the market for advisors on the offering now and, as a result, has yet to decide on the size or timing of the offering. Heliopolis\u2019 general assembly\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":627140,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/govt-unveils-timeline-of-first-wave-of-state-privatization-program\/","url_meta":{"origin":627804,"position":1},"title":"Gov\u2019t unveils timeline of first wave of state privatization program","author":"enterpriseam admin","date":"24 July 2018","format":false,"excerpt":"Gov\u2019t unveils timeline of first wave of state privatization program: Public Enterprises Minister Hisham Tawfik unveiled the timeline for the initial wave of five companies that will see a stake sale as part of the government privatization program. Heliopolis for Housing and Development and Eastern Company will kick off the\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\/2018\/7\/222.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574636,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/16\/heliopolis-housing-amends-mission-statement-to-carry-out-new-development-plan\/","url_meta":{"origin":627804,"position":2},"title":"Heliopolis Housing amends mission statement to carry out new development plan","author":"enterpriseam admin","date":"16 September 2020","format":false,"excerpt":"PRIVATIZATION WATCH- State-owned Heliopolis for Housing and Development (HHD) submitted a request to the EGX to amend its mission statement to enable it to carry out its new development plan, according to an EGX disclosure on Tuesday. The company\u2019s general assembly agreed in an extraordinary meeting to amend HHD\u2019s articles\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":627606,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/06\/hdd-seeking-egp-1-bn-loan\/","url_meta":{"origin":627804,"position":3},"title":"HDD seeking EGP 1 bn loan","author":"enterpriseam admin","date":"6 June 2018","format":false,"excerpt":"EXCLUSIVE- Heliopolis Housing & Development in the market for a EGP 1 bn loan: Heliopolis Housing & Development (HDD), a candidate for the state IPO program, is in talks with a local bank for a EGP 1 bn facility to fund its New Heliopolis project, a company official told Enterprise.\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":572739,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/07\/egypts-heliopolis-housing-to-finalize-its-new-development-plan-this-week\/","url_meta":{"origin":627804,"position":4},"title":"Egypt\u2019s Heliopolis Housing to finalize its new development plan this week","author":"enterpriseam admin","date":"7 July 2020","format":false,"excerpt":"PRIVATIZATION WATCH- HHD\u2019s new development plan will be finalized this week: State-owned Heliopolis for Housing and Development (HHD) expects to finalize this week its new strategy to develop the company after scrapping plans to sell a stake with management rights earlier this year, Hesham Aboul Atta, the chairman of HHD\u2019s\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":598955,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/13\/government-approves-handing-heliopolis-housing-management-to-an-investor\/","url_meta":{"origin":627804,"position":5},"title":"Government approves handing Heliopolis Housing management to an investor","author":"enterpriseam admin","date":"13 June 2019","format":false,"excerpt":"M&A WATCH- Gov\u2019t to offer 11% stake in Heliopolis Housing \u2014 with management rights: The Public Enterprises Ministry and the Holding Company for Construction and Development have given principal approval to hand the management of Heliopolis Housing & Development (HHD) to a private investor, Heliopolis Housing said in a bourse\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627804","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=627804"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627804\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627785"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627804"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627804"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}