{"id":647543,"date":"2017-05-14T04:01:27","date_gmt":"2017-05-14T04:01:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/"},"modified":"2017-05-14T04:01:27","modified_gmt":"2017-05-14T04:01:27","slug":"electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/","title":{"rendered":"Electricity Ministry reaches agreement with ACWA Power for 2.25 GW power plant"},"content":{"rendered":"<p>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 <a href=\"http:\/\/www.alborsanews.com\/2017\/05\/13\/1021374\">tell Al Borsa<\/a>. The plant was originally planned for Dairut, Beheira, but was moved to Luxor to increase energy production in Upper Egypt. Cabinet had granted the Saudi company a government guarantee <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/\">last week<\/a> for the construction of the plant on a right-to-use basis for 25 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 granted the Saudi company a [&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-647543","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"7b167de3-23df-4540-ac30-8a2b197aeef2","order":"0","is_powered_by":true,"section_story_id":"044862ba-55ff-48c9-a798-8e173d5bfeb3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647518],"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>Electricity Ministry reaches agreement with ACWA Power for 2.25 GW power 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\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Electricity Ministry reaches agreement with ACWA Power for 2.25 GW power plant\" \/>\n<meta property=\"og:description\" content=\"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 granted the Saudi company a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-14T04:01:27+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\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Electricity Ministry reaches agreement with ACWA Power for 2.25 GW power plant\",\"datePublished\":\"2017-05-14T04:01:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/\"},\"wordCount\":80,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/\",\"name\":\"Electricity Ministry reaches agreement with ACWA Power for 2.25 GW power plant - 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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 &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":621709,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/acwa-hassan-allam-to-sell-electricity-to-govt-at-usd-0-018-kwh-from-luxor-plant\/","url_meta":{"origin":647543,"position":2},"title":"ACWA, Hassan Allam to sell electricity to gov\u2019t at USD 0.018\/kwh from Luxor plant","author":"enterpriseam admin","date":"15 November 2018","format":false,"excerpt":"The Electricity Ministry, Saudi\u2019s ACWA Power, and Hassan Allam Holding have agreed to set the final price for electricity generated from the USD 2.3 bn, 2.3 GW Luxor power plant at USD 0.018\/kwh, ministry officials tell \/Al Mal. The ministry will cover part of the cost of supplying the plant\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":626066,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/","url_meta":{"origin":647543,"position":3},"title":"Negotiations on ACWA Power\u2019s Dairut power plant stalled","author":"enterpriseam admin","date":"29 August 2018","format":false,"excerpt":"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\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":622780,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/","url_meta":{"origin":647543,"position":4},"title":"Oyoun Moussa coal plant, ACWA\u2019s Luxor power plant to go live in four years","author":"enterpriseam admin","date":"11 October 2018","format":false,"excerpt":"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\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":590362,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/18\/acwa-power-receives-land-in-sohag-for-10-gw-mega-wind-farm\/","url_meta":{"origin":647543,"position":5},"title":"ACWA Power receives land in Sohag for 10-GW mega wind farm","author":"enterpriseam admin","date":"18 July 2023","format":false,"excerpt":"Sohag could be home to 25 GW of wind generation capacity if all three planned wind farms get built; Egypt looks to source 42% of power from renewables by 2030","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\/2023\/7\/706.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647543","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=647543"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647543\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647518"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647543"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647543"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}