UAE firm to develop efficiency of 7 thermal stations in Egypt

A UAE-based firm has submitted a proposal to develop the efficiency of seven thermal power stations in northern Egypt, First Undersecretary of the Ministry of Electricity Sabah Meshaly announced Wednesday.

By increasing the efficiency of these stations, Egypt can save $62m annually through raising the quality of consumed fuel, Meshaly added, according to state-run news agency MENA.

The ministry said the efficiency of thermal power stations is low compared to international rates; thus they have taken a decision to develop them.

The UAE company’s proposal includes funding the development works, partially restoring lost capacities of the seven stations by the summer of 2015, and fully restoring lost capacities of all stations before the summer of 2016.