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The project’s contract was signed last Thursday, and Egypt Cable will start implementing the project within 20 months of receiving the down payment of the contract.
EETC to set the value owed by companies in days, seeks to put interest on instalments
Company made settlements for about 53 contracts: sources
Mashaly added that the total cost of the contract amounts to EGP 325m, financed from the credits of the projects of high voltage and ultra-high voltage transformer stations in target electricity scopes in the budget of the fiscal year (2019-2020).
German company to build 500MW wind farms in Egypt, Japanese institutions to finance the first phase
Remaining sums most likely to be paid on instalments, according to industry sources
Mashaly added that the plant is to be built within 12 months from the contract date.
EGMAC gets largest share of EGP 71, El Sewedy takes EGP 16m
The of the Egyptian Electricity Transmission Company (EETC) is seeking to implement projects with the budget of the fiscal year (FY) 2019/20 with investments up to EGP 19.55bn.
EGP 7.5bn to complete plan to strengthen, expand high, ultra-high voltage networks
With regard to the electrical connection with Sudan, she explained that all the works and lines of the project have been completed, and the current phase is supposed to be the experimental operation, but it was postponed because of the unstable political situation in Khartoum.
A delegation from Sudan was supposed to visit Egypt and start the project but this has not happened so far.
The Egyptian Electricity Transmission Company (EETC) has signed seven contracts with the Egyptian German Electrical Manufacturing Company (Egemac) and TBEA alliances to supply electric transformers and equipment worth EGP 656m. Sabah Meshaly, chairperson of EETC, signed the first contract to supply five mobile stations with 60mva capacity, three mobile 22x22x220kv stations, and three mobile 220/11/11kv …
Companies will present their offers to supply comprehensive works, say sources
The Egyptian Electricity Transmission Company (EETC) has signed four contracts, valued at EGP 1.7bn, with the Egyptian German Electrical Manufacturing Company (EGEMAC) to support and develop electricity transmission networks across the country. Sabah Meshaly, the chairperson of EETC, said that the first contract stipulates establishing a new electricity transformer in New Zagazig City using gas-insulated …
Project to be implemented by Energya-Elsewedy, Chinese-Egyptian coalitions, funded by ISDF
The Egyptian Electricity Transmission Company (EETC) intends to increase the cost share of each investor in the solar energy project in Benban, Aswan by 25%, a source at the company told Daily News Egypt. Investors were verbally notified of the raise a week ago, the source added, stressing that an official letter will be sent …
Electricity ministry committed to current contracts, negotiations underway: sources
Company’s investments amounted to EGP 20.8bn
Shaker explained that the modernisation of the regional control of the Canal Electricity area comes within the framework of the Egyptian Electricity Transmission Company’s plan to modernise some of the existing regional controls, namely in, Cairo, canal area, Upper Egypt, Alexandria, and to establish new regional controls in the Delta and Central Egypt.
Selection between Xdegemac, Hyosung to Eqtisadiya plants
EETC contracted with ELMACO to supply 51 transformers
EGP 1bn allocated to replace lines with ground cables
5 companies bought prospectus, including Siemens, Schneider Electric
Winning company will inaugurate a 200mW plant
According to EETC, the purpose of issuing this Request for Prequalification (RFPQ) is to invite experienced independent power producers / developers / PV module manufacturers to submit their qualifications to build, own, and operate (BOO) 600MW PV Power Plant on predetermined site on the banks of the West of Nile. The winning company is required …
Project will operate under BOO system
The project is scheduled to start working by the end of 2018
Loans, interest, and fines scheduled at variable interest rate of 8-12%
Investments amount to €250m, price set at 3.8 cents per kW/H