{"id":637009,"date":"2017-11-06T03:49:08","date_gmt":"2017-11-06T03:49:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/electricity-ministry-al-nowais-close-to-signing-contracts-for-usd-4-bn-coal-plant\/"},"modified":"2017-11-06T03:49:08","modified_gmt":"2017-11-06T03:49:08","slug":"electricity-ministry-al-nowais-close-to-signing-contracts-for-usd-4-bn-coal-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/electricity-ministry-al-nowais-close-to-signing-contracts-for-usd-4-bn-coal-plant\/","title":{"rendered":"Electricity Ministry, Al Nowais \u201cclose\u201d to signing contracts for USD 4 bn coal plant"},"content":{"rendered":"

The Electricity Ministry is \u201cclose\u201d to signing a contract with UAE\u2019s Al Nowais to establish the USD 4 bn coal fired power plant in the Sinai,ministry sources told Al Borsa<\/a>. The development comes following news that the ministry and Al Nowais were at an impasse<\/a> over what the ministry then said was a \u201chigh\u201d tariff on the power it will be selling. Al Nowais had apparently agreed to lower the price it will be charging the government, the source added.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Electricity Ministry is \u201cclose\u201d to signing a contract with UAE\u2019s Al Nowais to establish the USD 4 bn coal fired power plant in the Sinai,ministry sources told Al Borsa. The development comes following news that the ministry and Al Nowais were at an impasse over what the ministry then said was a \u201chigh\u201d tariff […]<\/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-637009","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"ee5b105b-5755-4a37-8a00-1648d3dfd5bb","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[636980],"teaser":"","voice_url":""},"yoast_head":"\nElectricity Ministry, Al Nowais \u201cclose\u201d to signing contracts for USD 4 bn coal 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\/2017\/11\/06\/electricity-ministry-al-nowais-close-to-signing-contracts-for-usd-4-bn-coal-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Electricity Ministry, Al Nowais \u201cclose\u201d to signing contracts for USD 4 bn coal plant\" \/>\n<meta property=\"og:description\" content=\"The Electricity Ministry is \u201cclose\u201d to signing a contract with UAE\u2019s Al Nowais to establish the USD 4 bn coal fired power plant in the Sinai,ministry sources told Al Borsa. The development comes following news that the ministry and Al Nowais were at an impasse over what the ministry then said was a \u201chigh\u201d tariff […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/electricity-ministry-al-nowais-close-to-signing-contracts-for-usd-4-bn-coal-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-06T03:49:08+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\/2017\/11\/06\/electricity-ministry-al-nowais-close-to-signing-contracts-for-usd-4-bn-coal-plant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/electricity-ministry-al-nowais-close-to-signing-contracts-for-usd-4-bn-coal-plant\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Electricity Ministry, Al Nowais \u201cclose\u201d to signing contracts for USD 4 bn coal plant\",\"datePublished\":\"2017-11-06T03:49:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/electricity-ministry-al-nowais-close-to-signing-contracts-for-usd-4-bn-coal-plant\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/electricity-ministry-al-nowais-close-to-signing-contracts-for-usd-4-bn-coal-plant\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/electricity-ministry-al-nowais-close-to-signing-contracts-for-usd-4-bn-coal-plant\/\",\"name\":\"Electricity Ministry, Al Nowais \u201cclose\u201d to signing contracts for USD 4 bn coal plant - 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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 "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":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":637009,"position":1},"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 "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":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":637009,"position":2},"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 "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":591622,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/11\/al-nowais-to-build-two-renewable-energy-plants-worth-egp-16-bn\/","url_meta":{"origin":637009,"position":3},"title":"Al Nowais to build two renewable energy plants worth EGP 16 bn","author":"enterpriseam admin","date":"11 December 2019","format":false,"excerpt":"INVESTMENT WATCH- Al Nowais to build two wind, solar energy plants worth EGP 16 bn: Egypt yesterday signed an agreement with UAE\u2019s Al Nowais Investments to build two renewable energy plants worth a combined EGP 16 bn, according to a cabinet statement. The company will build a 200 MW solar\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":593955,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/15\/uaes-al-nowais-offers-to-set-up-usd-700-mn-renewable-energy-plants-in-egypt\/","url_meta":{"origin":637009,"position":4},"title":"UAE\u2019s Al Nowais offers to set up USD 700 mn renewable energy plants in Egypt","author":"enterpriseam admin","date":"15 October 2019","format":false,"excerpt":"Al Nowais Investments is bidding to build USD 700 mn-worth of renewable energy plants in Egypt, sources from the Electricity Ministry said, according to Al Mal. A 500 MW wind power plant and a 50 MW solar plant could be built in undisclosed locations under a build-own-operate framework. The bid\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":592794,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypt-could-postpone-usd-6-bn-worth-of-coal-power-projects\/","url_meta":{"origin":637009,"position":5},"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 "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\/637009","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=637009"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637009\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/636980"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637009"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637009"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}