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In this page, EGYPTROL is listing information that was originally published by other sources on the internet and identified through a link to the webpage that published the news. EGYPTROL and its staff do not assume any responsibility or liability for the accuracy of the information contained in these sources.

16 May 2017 - ALFANAR invests USD 300mn in Egyptian Power Sector.
Deputy Vice Chairman: "Almotlaq" said to Al-Borsa news:
- $2.5 billion turnover of ALFANAR in 2016
- $75 million to launch the 50MW PV FiT plant in Benban, Aswan.
Power Purchase Agreement was signed with EETC. Financial Close is expected within 2 months. Completion of construction before the middle of 2018. Established temporary license for power production from EgyptERA, under the name of "Alfa for Solar Energy".
- Feed in Tariff FiT, currency exchange for payback of financing are the most important challenges in Egypt.
- Targeting investment of $300 million projects in the Egyptian power sector including new and renewable energy.

http://www.alborsanews.com/2017/05/15/1021559 http://www.alborsanews.com/2017/05/07/1019473

09 May 2017 - State Grid Corporation of China to build 1,210 KM 500 kV OHTL
Chinese company State Grid Corporation is building a 1,210 KM, 500kV OHTL for the Egyptian Electricity Transmission Company (EETC), Minister Mohamed Shaker informed Al Mal newspaper. The 500 kV line is expected to be completed within a year.

http://www.almalnews.com/Pages/StoryDetails.aspx?ID=332935

09 May 2017 - Upper Egypt Suffers From Rareness of Power Generation
Dr. M. Shaker, Minster of Electricity and Renewable Energy MoERE, said in a statement to Al-Mal newspaper, that Upper Egypt is suffering from rareness of power generating plants to the extent that a distance of 600 km in the direction of the south does not have one generating plant. This is reflecting on some technical aspects of the electrical network.

http://www.almalnews.com/Pages/StoryDetails.aspx?ID=332935

09 May 2017 - MoERE To Concludes New Electric Power Tariff this month
New tariff is to be announced this month (May), to be applied starting July 2017, Al Borsa news reports, citing Ministry of Electricity and Renewable Energy MoERE sources.
The sources also say that MoERE has decided to delay phasing out the electric power subsidy, for additional 5 years beyond the original plan that was July 2019. This delay is decided after the inflation pressure result from Nov. 3, 2016 currency re-valuation. Subsidies will be reduced to zero within three years for hospitals, hotels, and other high-consumption facilities.
The Egyptian Electricity Utility and Consumer Protection Regulatory Agency (EGYPTERA) is preparing the new Tariff structure. The new tariffs will take into account consumers' income level, so that the spending in electric power to be limited to 4% of the family's income.

The new tariff formula reportedly features four, rather than seven, residential consumption tiers:
- 0-100 kWh/Month - Poor subscribers.
- 101-200 kWh/Month - Limited Income subscribers.
- 201-600 kWh/Month - Normal subscribers.
- 601-1000 kWh/Month and above - High Consuming subscribers.
Price hikes will be implemented across the board, with different increases for each tier.

http://www.alborsanews.com/2017/05/08/1019923

09 May 2017 - kwHr cost rises to 0.95 EGP/kwHr in 2017-2018
Al Borsa news reports, citing Ministry of Electricity and Renewable Energy MoERE sources that the average cost of kWHr during 2016-2017 as it reaches the consumer in Egypt reaches 0.95EGP/kWHr.
It was planned to be 0.637EGP/kWHr during this year before it was affected by the currency re-evaluation (from 8.88 to 18 EGP/$) that took place of Nov. 3, 2016.
The cost was 0.475EGP/kWHr in 2014 when the tariff was originally restructured to alleviate the subsidy for the electric power to consumers by 2019.

http://www.alborsanews.com/2017/05/08/1019923

09 May 2017 - Siemens 50% Increase In Installed Capacity Adds To Egypt Market's Attractiveness/ Competitiveness
During the Finance and planning ministers talk FY2017-18 budget with the House, it was announced that:
- Output from the supergiant Zohr gas field and other recent discoveries are expected to boost Egypt's natural gas production by 30% once the stations are operational, El Garhy said. That coupled with a 50% increase in the government's electricity output once the new Siemens power plants come on stream will add to the Egyptian market's attractiveness and sharpen its competitive edge in the region, especially as the government pursues further reforms to its fiscal and energy policies.

- With petroleum subsidies falling to 33% of the total subsidy bill in FY2017-18 (compared to 64% in FY2011-12) and electricity dropping to 9%, there is room to increase allocations to social welfare and subsidy programs as well as to the provision of basic goods and services (which together will make up around 42.7% of the subsidy bill, up from 26% in FY2011-12).
- Energy subsidies are projected to cost the state EGP 140 bn, with EGP 110 bn of that figure earmarked for petroleum products and EGP 30 bn for electricity. Spending on major national infrastructure development projects is expected to grow to EGP 135.4 bn from EGP 91 bn this year, of which EGP 65 bn will be financed from state coffers. The balance provided through grants, loans, and other forms of financing.

http://gate.ahram.org.eg/News/1512903.aspx

23 April 2017 - EETC delays this year's Wind Farm plans to next year, due to cost disagreements compared to FiT rate
EETC delayed its plan to issue tenders for (2 to 2.2 GW) wind farm projects originally planned to be issued this year. This delay is a result of the continuing negotiations with GE, Siemens, and Vestas. This is based on information from sources to Al Borsa newspaper.

The disagreements were apparently related to the FiT rate of USD 0.046 per kWh, which the three companies had felt was too little. GE had offered to build a 2 GW wind farm, while Vestas was bidding to build a 2.2 GW wind farm for USD 2.2 bn. Sources added that the ministry felt less inclined to accept their offers considering that it has signed for a number of agreements for wind farms with capacities of 250 MW with other companies including from Toyota /Orascom consortium, financed by EIB.

The Cabinet had approved the MOU signed with SIEMENS, at the Economic Forum of Sharm El Seikh 2015, for building 200 MW Wind Farm, in addition to building a wind turbine blades factory.
VISTAS has offered to build a 2.2GW Wind Farm through an EPC+Finance Contract worth Euro2.2 Billion.
GE had has offered to build a 2. GW Wind Farm through an EPC+Finance Contract worth Euro2 Billion.

http://www.alborsanews.com/2017/04/19/1011912

23 April 2017 - As funding flows into solar power projects, Egyptera considers permanent license for FiT projects
EBRD, IFC, and ADB agreed, in principal, on funding USD 400-800 mn for feed-in tariff (FiT) phase two projects, sources tell Al Borsa. The Arab Fund for Economic and Social Development will also provide USD 85 mn for a 50 MW solar power plant project in Kom Ombo.
Separately, Sterling & Wilson, Shanghai Electric, TBEA, and two other unnamed companies were prequalified for a project to build a 20 MW solar power station, sources tell Al Borsa.
This followed Norway's Scatec Solar signing of a 25-year power purchasing agreement to supply energy from six solar power plants of a total capacity of 400 MW. KPMG's corporate intelligence practice said the Benban photovoltaic plant would be the world's largest, if successful.

https://home.kpmg.com/content/dam/kpmg/uk/pdf/2017/03/renewable-energy-in-egypt-the-green-opportunity.pdf
http://www.alborsanews.com/2017/04/19/1011437

23 April 2017 - EETC to sign EGP 18 bn loan agreement with NBE, Banque Misr this week
EETC is expected to sign the previously announced EGP 18 bn loan with the National Bank of Egypt and Banque Misr this week, EETC Chairman, Eng. Gamal Abdel Rehim tells Al Borsa. The loan is one of two the banks are arranging to fund expansions to handle the additional 18 GW production capacity that shall be added to the grid by 2018. Cabinet has approved the arrangement that the Ministry of Finance and Central Bank of Egypt shall pay the loan interest, while EETC pays the original value of the loan.

http://www.alborsanews.com/2017/04/22/1013278

20 April 2017 - Dabaa Contract Signature Expected in May 2017
A source in the Nuclear Power Plant Authority (NPPA) has stated to Al- Shorouk Newspaper that Dabaa Nuclear Power Plant Project is expected to be signed within May 2017. He confirmed that all related contracts are ready for signature with the Russian side to start construction of the first phase of 4800MW.

The source has confirmed that the 4 related contracts are
1- Construction contract.
2- Nuclear fuel supply contract for 60 Years
3- Nuclear fuel reuse contract
4- O&M contract

ROSATOM was selected to build the plant utilizing the third generation proven technology reactor model VVER-1200.

http://www.shorouknews.com/news/view.aspx?cdate=19042017&id=720d9130-3326-4328-a32a-4c0d727b8ef8

20 April 2017 - Dabaa NPP Project Signature Time Depends On Egyptian Side
VIENNA (Sputnik) - The terms of signing the Russian-Egyptian comprehensive contract for the construction of Egypt's first Dabaa nuclear power plant depend on Cairo, Moscow is ready for signing now, the general director of the Rosatom state corporation, Alexey Likhachev, told reporters Wednesday.

https://sputniknews.com/world/201704191052773074-russia-egypt-npp/

20 April 2017 - Cabinet Approval Of EETC's Power Purchase Agreements (PPA) Sovereign Guarantee by Ministry Of Financ
In support of Egypt's plan for developing the power generation capacity of its electrical national network, the Cabinet has agreed on the "Ministry Of Finance" Sovereign Guarantee for the Egyptian Electricity Transmission Company (EETC) annual commitments of the Power Purchase Agreements (PPA) of:
- Dairut combined cycle power plant project
- Ayoun Moussa coal fired power plant
- 250MW wind power plant at Suez gulf area.

http://www.cabinet.gov.eg/Arabic/MediaCenter/CabinetNews/Pages/cabinet-meeting-71.aspx

20 April 2017 - office.bahrain@atkinsglobal.com
In support of Egypt's plan for developing the power generation capacity of its electrical national network, the Cabinet has agreed on the "Ministry Of Finance" Sovereign Guarantee for the Egyptian Electricity Transmission Company (EETC) annual commitments of the Power Purchase Agreements (PPA) of:
- Dairut combined cycle power plant project
- Ayoun Moussa coal fired power plant
- 250MW wind power plant at Suez gulf area.

في إطار خطة الدولة لإضافة قدرات جديدة للشبكة القومية للكهرباء، وافق مجلس الوزراء على ضمان وزارة المالية للالتزامات السنوية للشركة المصرية لنقل الكهرباء وفقاً لاتفاقيات شراء الطاقة لكل من مشروعات محطة توليد كهرباء ديروط ذات الدورة المركبة، ومحطة توليد كهرباء عيون موسى التي تعمل بالفحم، ومحطة توليد الكهرباء من طاقة الرياح بقدرة 250 ميجاوات لمنطقة خليج السويس.

http://www.cabinet.gov.eg/Arabic/MediaCenter/CabinetNews/Pages/cabinet-meeting-71.aspx

19 April 2017 - EETC signed a 25-year PPA with Scatec Solar for six solar power plants
Norwegian company Scatec Solar has signed a 25-year power purchase deal with the Egyptian government for the supply of energy from six solar plants with a combined generation capacity of 400MW. The plants capital cost is around $450m.
Scatec equity contribution shall be between $50m and $70m with partners including local developers and KLP Norfund Investments. Additional equity partners could be added before financial close.
The European Bank for Reconstruction and Development EBRD is leading a consortium of banks that is expected to offer debt funding of up to $350m.

http://renews.biz/106721/scatec-inks-egypt-solar-deal/

04 April 2017 - Network link (substation and transmission lines) Egypt and Saudi Arabia Link bid opening Planned Apr
Egyptian (EETC) and Saudi (SEC) to receive bids for Substations and Transmission Lines for the interconnection project between the two counties on April 16 and 19, 2017.
Bids for the "Madina" and "Tabuk" Substations will be opened by the Saudi side on April 16, while the tender for Transmission lines "Badr - Nabq" will be will be opened in Egypt on April 19.
Alstom, ABB, and Siemens are among the bidding contenders. The Ministry of Electricity's spokesman Mr. Ayman Hamza announced last month that the initial operation for electricity interconnection with Saudi Arabia is scheduled in 2019 to exchange 3,000MW at peak time.

http://enterprise.press/stories/2017/04/05/egypt-ksa-to-decide-on-winners-of-saudi-egypt-electricity-interconnection-project-on-16-april/

04 April 2017 - General Electric requests Egyptian Power Production Companies for $ 100 million maintenance dues
GE requested EEHC for the payment of $100 million representing the company's dues for the maintenance and overhauling works in power plants. Sources in the Ministry of Electricity told Al-Borsa newspaper that the ministry had earlier signed a long-term maintenance and modernization contract with General Electric Company for of power generation plants.
Payments of these due invoices shall be settled through a financing agreement under discussion between the electricity production companies and a number of banks to finance maintenance programs.

http://www.alborsanews.com/2017/04/04/1006273

28 March 2017 - EUR 115 million from EIB to finance a windfarm at Gulf of Suez
The EIB and the Arab Republic of Egypt signed a loan agreement of EUR 115 million for financing a wind-farm in the Gulf of Suez to further expand energy generation from renewable resources. The wind-farm will contribute to meet growing electricity demand using sustainable wind energy.
In the presence of Dr. Sahar Nasr, Minister of Investment and International Cooperation and European Union Delegation Charge d'Affairs, Reinhold Brender, the financing agreements were signed in Cairo today by Mr. Heinz Olbers, EIB Director of operations in the Neighborhood Countries and Dr. Engineer Mohamed Mousa Omran Executive Chairman of New and Renewable Energy Authority.

The Gulf of Suez wind-farm project involves the design, construction and commissioning of a large-size onshore wind farm of about 200MW located on the west bank of the Gulf of Suez, some 400 km southeast of Cairo with up to 100 turbines will be installed. The site, of a size of around about 57 km2, is characterized by its arid desert conditions and has very favorable wind resources.
The project is financed by European Finance Institutions; European Investment Bank (EUR 115 million), KfW (EUR 72 million, including a EUR10.5m grant), Agence Francaise de Developpement (EUR 50 million) and the New and Renewable Energy Authority. The European Commission provides a grant of EUR 30 million to the project.

http://www.eib.org/infocentre/press/releases/all/2017/2017-084-strong-eib-commitment-in-support-of-renewable-energy-new-eur-115-million-financing-for-a-windfarm-in-egypt.htm

26 March 2017 - EETC Postpones Tender for seven 500kV and one 220kV Substations
EETC decided to postpone the tenders for eight substations at a cost of $370m, until it obtains the first tranche of the $18bn loan from the National Bank of Egypt.
The substations are East Sohag 500, Qena 500, Zagazig, 500, Administrative Capital 500, Kafr El Sheikh 500, Qena 500, Zagazig 500 and Bilbes 220 This tender is part of the EETC's plan to support the national grid to accommodate the new generation capacities that will soon be added to the grid.

http://www.dailynewsegypt.com/2017/03/26/619887/

23 March 2017 - ORASCOM to sign CP-102 (Civil Works) for Assiut (Walideya) 650MW Supercritical Power Plant
ORASCOM for Construction and Industries is the winning bidder for Assiut (Walideya) 650MW Supercritical Power Plant Civil Works Package CP-102.
Sources at the Upper-Egypt Electricity Production Company (UEEPC) said that ORASCOM will sign a contract over EGP 1.25 billion for the civil works.

Upper Egypt Electricity Production Company's (UEEPC) CEO, Ibrahim El-Shahat, said that the total cost of the power plant amounts to EGP 5bn, noting that financing for the project was secured via loans from international financing bodies, in addition to UEEPC's own resources.

Financiers include the Arab Fund for Economic and Social Development, the Kuwait Fund for Arab Economic Development, the Islamic Development Bank, and the OPEC Fund for International Development (OFID). The UEEPC will finance $170m, roughly 23% of the total cost of the project.

http://www.dailynewsegypt.com/2017/03/22/619538/

22 March 2017 - TBEA to sign PO-113 (Transformers) for Asiut (Walideya) Supercritical 650 MW
Sources at the Upper-Egypt Electricity Production Company (UEEPC) said that TBEA will be awarded a contract worth EGP 94.860 M for the 500 KV Power Transformers.
Upper Egypt Electricity Production Company's (UEEPC) CEO, Ibrahim El-Shahat, said that the total cost of the power plant amounts to EGP 5bn, noting that financing for the project was secured via loans from international financing bodies, in addition to UEEPC's own resources.
Funders include the Arab Fund for Economic and Social Development, the Kuwait Fund for Arab Economic Development, the Islamic Development Bank, and the OPEC Fund for International Development (OFID). The UEEPC will finance $170m, roughly 23% of the total cost of the project.

http://www.dailynewsegypt.com/2017/03/22/619538/

09 March 2017 - EETC: 4 Billion EGP to Compensate Contractors For The EGP Devaluation.
Al-Mal news learned from official sources in the Ministry of Electricity and Renewable Energy that the rise in cost of EETC signed projects due to amending these contracts to compensate for the EGP value drop will be close to EGP 4 billion.
The sources said that all the companies that are providing substations and transmission lines projects through contracts signed or negotiated before deregulation, called for amending these contracts as they shall be subject to huge losses due to currency differences. It is anticipated that EETC would call for the Ministry of Finance to participate in financing part of the differences, especially that EETC is already burdened with loans.

EETC formed a committee to negotiate with companies including ABB, Alstom, Schneider Electric and EGEMAC, among other local companies, to amend each contracts separately. The sources indicated that contract amendments are limited to contracts signed in EGP before the currency floatation and confirmed that all contractors are continuing in executing signed contracts with no interruptions. No modification is foreseen for any contract signed after the currency flotation or in foreign currency.

http://www.almalnews.com/Pages/StoryDetails.aspx?ID=325509

08 March 2017 - ARTELIA & AF Consult to win tender for ATAQA Pump Storage Power Plant
An alliance between ARTELIA and AF Consult won the tender for providing the consultancy services to HEPPA for Ataqa pumping storage power plant project.
Sources at the Ministry of Electricity told Daily News Egypt that the alliance will sign the contract for consulting tasks within two weeks. The consultant will evaluate the technical and financial feasibility studies of the project and will cooperate with the ministry in its negotiations with the Chinese company Sinohydro over the implementation of the project.

Eng. Mohamed Osama, head of the Hydro Power Plants Executive Authority (HPPEA), said that the cabinet approved the project and has allocated the required land for building it as well as licensing the activity. The authority also received the security and environmental approvals. The government signed a memorandum of understanding with Sinohydro during the Egypt Economic Development Conference held in March 2014 in Sharm El-Sheikh to build a power plant in Ataqa with a capacity of 2,100 MW.

http://www.dailynewsegypt.com/2017/03/08/617765/

07 March 2017 - Elsewedy is seeking finance for the PV 50MW power plant from IFC and EBRD
Elsewedy Electric is negotiation with International Finance Corporation IFC of the World Bank and the European Bank for reconstruction and development EBRD for a loan of about $75 million, to finance the establishment of a 50MW solar energy plant at BENBAN in Aswan governorate.

http://www.almalnews.com/Pages/StoryDetails.aspx?ID=325176

07 March 2017 - Egypt-Saudi Arabia Interconnection Project Postponed To April
The Egyptian Electricity Holding Company (EEHC) decided to postpone the bid due date for the Egypt-Saudi Arabia electricity interconnection project to mid April.
The project comprises AC/DC conversion stations in addition to 500kV 450km OHTL in Egypt from Badr Substation to Nabq Sub-Station, in addition to 850 km OHTL in Saudi from Medina Sub-Station to Tabuk Sub-Station.
Alstom, ABB, and Siemens are bidding for the project. Offers will be evaluated in coordination with the Saudi side. The operation of the electric interconnection project with Saudi Arabia will start a trial period in 2019 to exchange 3,000 MW at peak times.
The project estimated cost is about $1.6bn, with the Egyptian side's share amounting to $600m. The Arab Fund for Economic and Social Development, Islamic Development Bank, and the resources of EETC, will contribute to the project's funding along with the Kuwait Fund for Arab Economic Development.

http://www.dailynewsegypt.com/2017/03/07/opening-tender-egypt-saudi-arabia-electricity-project-postponed-april/

06 March 2017 - EGEMAC Wins A Contract to build 2 Substations - EGP 200 mn
The Egyptian German Electrical Manufacturing Company EGEMAC was awarded an EGP 200 mn EPC contract to build two Sub-Stations in Sadat City (one is 220 kV and the other is 66kV) for the Egyptian Electricity Transmission Company EETC, Chairman Medhat Ramadan told Al Mal. The project will be completed in eight months, Ramadan said.

http://www.almalnews.com/Pages/StoryDetails.aspx?ID=325080

06 March 2017 - BENBAN: The Share Of The Interconnection Work Is Increased to EGP 955k per MW from EGP 583k per MW
RIAD & RIAD LAW FIRM, the the legal advisor for FAS Energy, posted News on Mar 06, 2017 that the share of a 50MW solar project in the interconnection work is increased to EGP 47,750,000 instead of EGP 29,150,000.

http://www.riad-riad.com/en/publications/fit-program-benban-amendment-cost-sharing-agreement

02 March 2017 - Siemens To Service And Maintain 3 Power Plants
Siemens' megaproject in Egypt also comprises 9-year service and maintenance agreements for the three power plants to help ensure the long-term reliability, availability and optimal performance of the units as announced by Siemens webpage.

http://www.siemens.com/press/en/pressrelease/?press=/en/pressrelease/2017/power-gas/pr2017030210pgen.htm&content[]=PG&content[]=Corp

02 March 2017 - EUR 238 M Contract With Siemens for Six Sub-Stations
Siemens will design, supply the equipment needed and build, while Elsewedy Electric will perform the project's electromechanical works, under the terms of the MoU signed during the Egypt Economic Development Conference in 2015.

http://enterprise.press/stories/2017/03/05/electricity-ministry-signs-eur-238-mn-agreement-with-siemens-for-six-power-transmission-stations-nine-year-maintenance-contract-for-the-new-plants/

01 March 2017 - Inauguration of Burullus, Beni Suef and New Capital Power Plants
The German Ambassador to Cairo, Julius Georg Louis, announced during a press conference held by the Embassy, that President Abdel Fattah Sisi with Chancellor Angela Merkel will attend the inauguration of the first phase of three Siemens-built power stations, located at Burullus, Beni Suef and New Capital, through video conferencing. This event shall take place during the Chancellor's visit to Cairo starting tomorrow.
The total (EPC+Finance) cost of the Siemens power plants deal, as announced earlier, is about 8 billion Euros.

http://www.almalnews.com/Pages/StoryDetails.aspx?ID=324312

01 March 2017 - Daba'a power plant contract signature postponed to 2nd Half of 2017
The final contracts with Russia for the Daba'a nuclear power plant won't be signed until the second half of the year instead of the first quarter, as was previously expected.

http://www.almalnews.com/Pages/StoryDetails.aspx?ID=324312 http://www.almalnews.com/Pages/StoryDetails.aspx?ID=324323

01 March 2017 - TRACTABEL to evaluate Al-Hamrawein 6GW Coal-Fired PP Proposals
EEHC is in the process for signing a consultancy services contract with TRACTABEL http://www.tractebel-engie.com/ to evaluate the 7 offers received for providing EPC + Finance to build 6000 MW coal-fired power plant at "Al-Hamrawein" on the Red Sea coast.
EEHC plans to add 7000 MW of coal-fired power plants to the grid by 2023, in addition to the project planned by Al-Nowais.

http://www.dailynewsegypt.com/2017/03/01/616891/ http://www.alborsanews.com/2017/02/28/984956

27 February 2017 - Economic Committee reviewed The Green Power Giant project
The Cabinet Economic Committee has reviewed a report on Green Power Giant project, sponsored by the Alliance Group of companies headed by Sky power, to carry out a huge solar project investments valued at approximately $5 billion and consists of 4 axes include solar power projects with a total capacity of 3000 MW, as well as factories for the production and assembly of photovoltaic cells of 600 MW/Year, as well as a program of training, education and research and development in the field of solar energy. This was in preparation for presenting the issue to the Cabinet at a future meeting.

http://www.cabinet.gov.eg/Arabic/MediaCenter/CabinetNews/Pages/econonomic-group-meeting.aspx

25 February 2017 - Nuclear Power Plant Public Hearing Held AT Daba'a, 25 Feb 2017
http://www.almalnews.com/Pages/StoryDetails.aspx?ID=323881
25 February 2017 - Two Of Four Contracts For Daba'a Plant Have Been Finalized and Two Others To Be Reviewed
http://www.almalnews.com/Pages/StoryDetails.aspx?ID=323897
23 February 2017 - Toyota, Orascom, and GD France to sign PPA for Gulf of Suez Wind Power Plant in two months
http://www.alborsanews.com/2017/02/22/981407
22 February 2017 - Siemens Is Paid 2.3 Billion Euros - Part Of Cost Of The Three Combined Cycle Power Plants
سددت وزارة الكهرباء لشركة سيمنس 2.3 مليار يورو كجزء من مستحقاتها عن أعمال إنشاء وتوريد معدات محطات الكهرباء بالبرلس وبنى سويف والعاصمة الإدارية الجديدة. ورفضت الأستاذة نادية قطرى، العضو المتفرغ للشئون المالية والتجارية والتمويل بالشركة القابضة للكهرباء الإفصاح عن إجمالى ما سددته الوزارة لشركة سيمنس عن تعاقدها على تنفيذ المشروعات الثلاثة بنظام EPC+Fainanc. http://www.alborsanews.com/2017/02/22/981434
22 February 2017 - Wind Power Plant 2 GW Postponed Due To Lack Of Liquidity
واستبعد المصدر، بدء تنفيذ محطات الرياح التى تعاقدت عليها وزارة الكهرباء مع شركة سيمنس بقدرة 2000 ميجاوات خلال العام الجارى بسبب نقص السيولة. وتوقع البدء الفعلى فى التنفيذ العام المقبل 2018 ، خاصة وان الشركة الألمانية تتفاوض مع الهيئة الاقتصادية لقناة السويس على إنشاء مصنع لإنتاج ريش توربينات الرياح. http://www.alborsanews.com/2017/02/22/981434
22 February 2017 - Legislations For Establishing a Separate Entity to Govern Nuclear Power Projects
http://www.alborsanews.com/2017/02/25/982532
22 February 2017 - The World Bank's engagement in Egypt is focused on eliminating extreme poverty
The Bank's development policy operations (DPOs) in Egypt back energy reforms and modernization of the energy sector, which set out to increase the use of renewable energy, improve sector governance and encourage more efficient use of energy.

http://www.worldbank.org/en/topic/energy/brief/world-banks-response-to-bics-case-studies-on-development-policy-operations-peru-egypt-mozambique-and-indonesia

31 December 1969 - Cabinet Approval Of EETC's Power Purchase Agreements (PPA) Sovereign Guarantee by Ministry Of Financ
In support of Egypt's plan for developing the power generation capacity of its electrical national network, the Cabinet has agreed on the "Ministry Of Finance" Sovereign Guarantee for the Egyptian Electricity Transmission Company (EETC) annual commitments of the Power Purchase Agreements (PPA) of: - Dairut combined cycle power plant project - Ayoun Moussa coal fired power plant - 250MW wind power plant at Suez gulf area. في إطار خطة الدولة لإضافة قدرات جديدة للشبكة القومية للكهرباء، وافق مجلس الوزراء على ضمان وزارة المالية للالتزامات السنوية للشركة المصرية لنقل الكهرباء وفقاً لاتفاقيات شراء الطاقة لكل من مشروعات محطة توليد كهرباء ديروط ذات الدورة المركبة، ومحطة توليد كهرباء عيون موسى التي تعمل بالفحم، ومحطة توليد الكهرباء من طاقة الرياح بقدرة 250 ميجاوات لمنطقة خليج السويس. http://www.cabinet.gov.eg/Arabic/MediaCenter/CabinetNews/Pages/cabinet-meeting-71.aspx