Power ministry owes $148m to General Electrical

General Electric (GE) company in Egypt has sent a formal request to the Electricity Ministry to pay $148m in return for the overhauls and maintenance operations carried out on production plants over the past six months.GE overhauled the electricity generation units over the last six months, said a source at the ministry on Saturday.

The ministry has developed a plan to implement replacement, renovation, and maintenance operations for the plants to save fuel and raise their efficiency, instead of building new plants, which are costly for the state, he noted.

These operations included production plants in Ataqa, El-Mahmudeya El-Nubareya, North Delta, and other production units.

The company conducted major, regular and simple overhauls, the official added.

The kind of overhaul is decided on according to the condition of the production unit and the turbine; the overhaul is considered ‘major’ if the plant works for 36,000 hours, ‘regular’ if it works for 24,000 hours, and ‘simple’ if it works for about 8,000 hours.