Power-Generation-Transmission News
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Sumitomo Electric Egypt to €22M open wiring harness manufacturing plant
Minister El-Khatib confirmed the plant’s grand opening is scheduled for the first quarter of 2025.
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Saudi Arabia will supply power to Egypt
Testing is scheduled to begin in April and work is expected to be completed by mid-2025.
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Egyptian Min., Jordanian Amb. talk ways to enhance investment in electricity field
They discussed cooperation in electricity, electrical interconnection, new and renewable energy, and the development and modernization of networks.
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Saudi Arabia-Egypt Electricity Interconnection Project
A substantial proportion of electricity is expected to be sourced from renewable resources, in line with both countries’ sustainability goals.
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Egypt adjusts electricity prices for different consumption segments
The Electricity Utility and Consumer Protection Regulatory Authority (EgyptERA) disclosed the updated rates for various consumption segments.
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Egypt secures €165 million loan for grid upgrade
Egypt is expected to upgrade its energy infrastructure with a €165 million ($183 million) sovereign loan from the EBRD.
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Sisi approves €250 mln loan to electrify, upgrade Alexandria’s Abu Qir railway
The government approved the 250 million euros loan deal in August 2023, and the House of Representatives passed it in June 2024.
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Egypt expects savings of $615 million after rising electricity prices
This comes as the Egyptian government has increased electricity prices with rates ranging from 14 percent to 40 percent for prepaid household meters.
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Egypt government hikes electricity prices by 40% to reduce subsidy bill
Egypt’s government has increased the price of electricity this week amidst a cost of living crisis, a move likely to cause further frustration.
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Egypt, Saudi Arabia go ahead with $1.8 B interconnector
The project is expected to be operational in two phases, with the first phase scheduled to begin in July 2025.
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Egypt hikes electricity prices for households by up to 50 percent
The country is gradually phasing out subsidies as part of an agreement with the International Monetary Fund (IMF).
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Maridive Offshore Projects secures $14.4mln contract for cable installation in Egypt
The contract involves the procurement and installation of electrical power cables in Egypt, with project execution set to begin in the third quarter.
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Egypt and EIB discuss bolstering partnership and collaboration in electricity sector
Discussions during the meeting centered on identifying opportunities for collaboration between the ministry and the EIB.
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Power cuts are set to return to Egypt starting September 15
Egyptian Minister of Electricity, Mahmoud Essmat, affirmed that the load shedding plan, which was suspended on July 20.
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Madbouly: Electricity Subsidies to be Lifted Gradually over 4 Years
The fuel consumption bill withdrawn from the Ministry of Petroleum for power stations amounts to EGP 16 billion per month.
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Here’s why Egypt’s electricity prices are rising
One reason is the increasing rates of loss in electricity owning to rising electricity theft.
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Egypt approves installation of code meters for illegal electricity connections
This measure applies regardless of the location of the facility or building.
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Cabinet Agrees to Install Smart Electric Meters for Violating Buildings
The decision of installing a code meter applies before legalizing the status of the violating building.
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Egypt will halt summer load-shedding power cuts Sunday
The North African country has been grappling with power shortages as high cooling demand during summer drives up consumption.
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Egypt-Saudi interconnection project 60% complete
The first phase of the project is set to start operating in July 2025, with the interconnection allowing the exchange of up to 3000 MW of power.