{"id":630248,"date":"2018-04-16T04:20:33","date_gmt":"2018-04-16T04:20:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/"},"modified":"2018-04-16T04:20:33","modified_gmt":"2018-04-16T04:20:33","slug":"eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/","title":{"rendered":"EEHC to reach final agreement on Al Nowais\u2019 Oyoun Mousa coal plant by June"},"content":{"rendered":"<p>The Egyptian Electricity Holding Company (EEHC) is expected to reach a final agreement with the UAE\u2019s Al Nowais for its USD 4 bn \u201cclean coal\u201d power station in Oyoun Mousa by June, an EEHC source said, <a href=\"http:\/\/www.almalnews.com\/Story\/372455\/59\/%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%AA%D8%AD%D8%B3%D9%85-%D8%B3%D8%B9%D8%B1-%D8%B4%D8%B1%D8%A7%D8%A1-%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A9-%D9%85%D9%86-%D9%81%D8%AD%D9%85-%D8%A7%D9%84%D9%86%D9%88%D9%8A%D8%B3-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9\">Al Mal reports<\/a>. The two sides are still negotiating the feed-in tariff rate for the project, which will likely be set at USD 0.045 per kWh. The company\u2019s proposed tariff ranges from USD 0.058-0.067 per kWh, officials <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/01\/government-to-approve-al-nowais-power-stations-technical-plans-within-days\/\">had previously said<\/a>. According to the EEHC source, Al Nowais is expected to accept the lower tariff in exchange for certain \u201cbenefits,\u201d the nature of which he didn\u2019t specify.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian Electricity Holding Company (EEHC) is expected to reach a final agreement with the UAE\u2019s Al Nowais for its USD 4 bn \u201cclean coal\u201d power station in Oyoun Mousa by June, an EEHC source said, Al Mal reports. The two sides are still negotiating the feed-in tariff rate for the project, which will likely [&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-630248","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"3ac5cfa0-8ef4-4b92-ad46-5d1eb68d950d","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EEHC to reach final agreement on Al Nowais\u2019 Oyoun Mousa coal plant by June","related_issue":[630223],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.2e0b7e67-ee5c-40f6-8feb-d9d3938f1276.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>EEHC to reach final agreement on Al Nowais\u2019 Oyoun Mousa coal plant by June - 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\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EEHC to reach final agreement on Al Nowais\u2019 Oyoun Mousa coal plant by June\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Electricity Holding Company (EEHC) is expected to reach a final agreement with the UAE\u2019s Al Nowais for its USD 4 bn \u201cclean coal\u201d power station in Oyoun Mousa by June, an EEHC source said, Al Mal reports. The two sides are still negotiating the feed-in tariff rate for the project, which will likely [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-16T04:20:33+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\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EEHC to reach final agreement on Al Nowais\u2019 Oyoun Mousa coal plant by June\",\"datePublished\":\"2018-04-16T04:20:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\"},\"wordCount\":117,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\",\"name\":\"EEHC to reach final agreement on Al Nowais\u2019 Oyoun Mousa coal plant by June - 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Negotiations over the project\u2019s feed-in tariff rate should begin once the government signs off on the plans. The company\u2019s\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":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":630248,"position":1},"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":635641,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/electricity-ministry-allocates-land-for-al-nowais-usd-4-bn-coal-plant\/","url_meta":{"origin":630248,"position":2},"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":[]},{"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":630248,"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 &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":592794,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypt-could-postpone-usd-6-bn-worth-of-coal-power-projects\/","url_meta":{"origin":630248,"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":637642,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/eehc-finalizes-egp-626-mn-pump-supply-contract-with-germanys-ksb-for-west-cairo-asyut-power-stations\/","url_meta":{"origin":630248,"position":5},"title":"EEHC finalizes EGP 626 mn pump supply contract with Germany\u2019s KSB for West Cairo, Asyut power stations","author":"enterpriseam admin","date":"21 November 2017","format":false,"excerpt":"The Electricity Holding Company (EEHC) finalized contracts worth EGP 626 mn with Germany\u2019s KSB yesterday for the supply of pumps for the West Cairo and Asyut power stations, Al Masry Al Youm reports. We had said in September that KSB would be awarded a c. EGP 330 mn contract for\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\/630248","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=630248"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630248\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630223"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=630248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=630248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=630248"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=630248"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=630248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}