Egypt, Mitsubishi expand cooperation to upgrade two power plants

This agreement comes as part of the Japan International Cooperation Agency (JICA)-financed agreement, which was inked in July 2021.

The signing ceremony was attended by Mohamed Shaker, Minister of Electricity and Renewable Energy, Javier Cavada, CEO of Europe, Middle East, and Africa at Mitsubishi Power, and several notable figures and institutions.

The agreement will extend the lifespan of the power plants, improve power supply stability, and support the country's transition to renewable energy.

"The Sidi Krir and El-Atf plants power hundreds of thousands of homes and businesses in the western Alexandria and middle Delta regions via the reliable Egyptian unified electrical grid," the statement highlighted.