Power-Generation-Transmission News
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Prime Minister revokes industrial electricity discount as of 1 July
The revocation reflects the government’s renewed focus on public spending reform and fiscal consolidation, amid mounting financial pressures.
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EBRD supports Egypt with first private-to-private electricity contracts
This deal introduces competition into the electricity sector, expands consumer choice and promotes private investments in renewable energy.
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Minister of Electricity reviews national power grid stability as high-demand season approaches
Esmat highlighted the adoption of new operational patterns aimed at reducing fuel consumption while ensuring the grid can meet the heightened needs.
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Greece and Egypt reaffirm plans for 1,000-kilometre undersea power cable
Greece and Egypt have reaffirmed their commitment to a proposed undersea electricity connection designed to transport renewable energy.
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Orascom Construction + Spanish partner to build USD 2.6 bn Saudi power plant
The 3 GW combined-cycle gas-fired power plant will be equipped with carbon capture technology and a 380 kV electrical substation.
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An EV revolution is happening in Egypt
The Egyptian government actively promoting renewable energy and eco-friendly transportation solutions.
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Electricity min. travels to Abu Dhabi to partake in 15th IRNEA assembly, ADSW
The IRENA Assembly will kick off the Abu Dhabi Sustainability Week (ADSW), which is due to take place between January 12-18.
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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.