ministry of electricity
Egypt to establish first photo-voltaic power plant in Hurghada
Egypt
April 2, 2018
Egypt to establish first photo-voltaic power plant in Hurghada
Executive-President of Egypt’s New and Renewable Energy Authority (NREA) Mohammed al-Khayat said on Sunday that the NREA had signed a…
Egypt, Cyprus discuss electric connection project as part of energy cooperation
Egypt
February 27, 2018
Egypt, Cyprus discuss electric connection project as part of energy cooperation
Minister of Electricity Mohammed Shaker held a meeting with ambassador of Cyprus to Egypt Charis Moritsis on Monday, discussing the implementation…
Fawry e-payments up to LE25 billion in 2017
Economy
February 12, 2018
Fawry e-payments up to LE25 billion in 2017
The Electronic Payment Network Fawry stated that electronic bill payments made through the service increased from LE9 billion in 2015…
Cost of electricity production doubled after currency flotation: sources
Egypt
May 9, 2017
Cost of electricity production doubled after currency flotation: sources
Officials in the Electricity Ministry said the average cost of electricity production doubled, from 46 piasters to more than 90…
Electricity Ministry mulls basing new increases on consumption level
Business
March 28, 2017
Electricity Ministry mulls basing new increases on consumption level
A source with the Electric Utility and Consumer Protection Regulatory Agency announced that the agency has finalized proposals on a…
Electricity Ministry plans new price increases: sources
Business
March 14, 2017
Electricity Ministry plans new price increases: sources
The Electricity Ministry is studying a number of scenarios for the new tariff being introduced to electricity prices, which will…
Egypt gets German, Korean and Chinese bids for the coal power grid
Egypt
December 10, 2016
Egypt gets German, Korean and Chinese bids for the coal power grid
Electricity Minister Mohamed Shaker said Thursday that German, Korean and Chinese companies have submitted bids to establish a power grid…
Cabinet approves $600 mn loan for Damanhur power station
Egypt
February 19, 2016
Cabinet approves $600 mn loan for Damanhur power station
The Cabinet approved a request by the ministry to receive a loan of US$600 million from the European Investment Bank…
Energy subsidies to be cancelled in 2025: Electricity Ministry
Egypt
February 17, 2016
Energy subsidies to be cancelled in 2025: Electricity Ministry
Energy subsidies will be reduced by 50 percent by 2020 and are expected to be cancelled by 2025, according to…
President approves law empowering private sector to produce electricity
Business
July 13, 2015
President approves law empowering private sector to produce electricity
President Abdel Fattah al-Sisi has adopted changes to the laws on power generation and the national electricity authority, which essentially…