#Egypt

Egypt, Cairo: Egyptian Electricity Transmission Company (EETC) plans to contract Alstom for the supply and installation of five transformer stations at a value of €200 million ($227 million).

Egypt, Gulf of Suez: The New and Renewable Energy Authority (NREA) will sign a cost-sharing agreement with the seven companies set to build solar power plants in the Zafarana area with a total capacity of 305 MW.

Egypt, Cairo: Egypt’s Minister of International Cooperation, Sahar Nasr has announced three Japanese loans totalling $460 million that will finance Egyptian national projects.

Saudi Arabia, Riyadh: Saudi Arabia will need to invest $133.3 billion in electricity projects over the next ten years to cope with rising power demand, according to Saudi Electricity and Water Minister, reports Reuters.

Egypt, Cairo: The Egyptian Electricity Holding Company has allocated $488 million for the improvements in Egypt’s electricity distribution networks in 2016, including new distribution lines, transformers, and low and medium voltage cables.

Egypt, Cairo: Egyptian Ministry of Electricity has signed a $260.7 million (€238 million) contract with a consortium comprising Siemens and El Sewedy Electric T&D for the construction of six power transformer stations.

Egypt, Cairo: Egypt’s Electricity Ministry has signed cost-sharing agreements with investors to build 24 solar power stations of 1,800 MW, in addition to three contracts for a 650 MW steam power plant south of Helwan.

Egypt, Cairo: According to the sources at the Egyptian Ministry of Electricity cited by The Daily News Egypt, next week the Ministry will sign a contract with a high voltage electric equipment manufacturer XD Egemac, which will include construction of four transformer stations in Benban.

Egypt, Cairo: Egyptian Ministry of Electricity has announced it will sign an agreement with Siemens to establish six new electricity transmission stations at a cost of $268 million, according to Ahram Online.

Egypt, Cairo: Three international companies will present their technical proposals to the Egyptian and Saudi Arabian ministries of electricity next month, in a bid to build three transformer stations to create an electrical interconnection project between the two countries.

Egypt, Cairo: Three Egyptian electricity companies have secured $243 million fund from Japan, International Cooperation Minister Najla Ahwani revealed in an official statement, according to Egyptian media.

The Czech Republic, Pilsen: ETD Transformatory, a Czech Republic-based transformer manufacturer and a member of the International BEZ Group, has announced the completion and successful factory acceptance tests on transformers designed and manufactured for strategic projects in Egypt.

Egypt, Cairo: Egyptian Electricity Ministry has signed a deal for the construction of a new transformer station worth nearly $28 million in the Suez Canal region.

Egypt, Cairo: The Egyptian Ministry of Electricity and Renewable Energy has signed four memorandums and deals with the German Ministry for Economic Affairs and Energy and Siemens representatives, totalling $10bn.