Daily News Egypt

12 transformers to arrive in Aswan for solar energy projects next week - Daily News Egypt

Advertising Area



Advertising Area



12 transformers to arrive in Aswan for solar energy projects next week

EGEMAC to complete its implementation in November, says chair of the board of directors


Twelve 175 MVA-capacity transformers are expected to arrive in Aswan on Sunday to be installed in Benban, Aswan, according to Medhat Ramadan, chairperson of the Egyptian German Electrical Manufacturing Co. (EGEMAC) Board of Directors. Customs clearance in Ain Sokhna port has been completed and the transfer to Aswan begins on Thursday.

China XD and EGEMAC have signed a contract with the Egyptian Ministry of Electricity to supply EGP 650m worth of stations and transformers for the transmission and distribution of energy produced from the feed-in tariff solar energy projects in Benban.

Ramadan said the company will complete all supplies and instalments in November. The original plan stated that all procedures would be completed in August, but problems between solar energy companies and the Egyptian Electricity Transmission Company (EETC) caused a delay.

The company received the down payment, and plans to address the Ministry of Electricity to obtain the second instalment after the arrival of transformers to Benban.

The company will establish 12 electricity transformers with a capacity of 175 MVA. Nine units will be installed in Benban stations 1, 2 and 4, in addition to three units in Benban station 3.

EETC has received EGP 800m from solar energy investors, as part of the cost-sharing agreement – one of five agreements that qualified investors signed for the establishment of new and renewable energy projects on the feed-in tariff system.

The cost-sharing agreement includes contributions to the cost of connecting solar power plants to the national electricity grid, as well as infrastructure work in Benban.

All companies have paid EGP 20m of the total linkage costs of EGP 32m, in addition to 12.5% additional expenses.

 

Advertising Area


https://wwww.dailynewssegypt.com/2016/08/18/12-transformer-arrive-aswan-solar-energy-projects-next-week/
Breaking News

No current breaking news

Receive our daily newsletter
Subscribe