Egypt allocates $40.6 M for electricity distribution network
Egypt, Cairo: The Ministry of Electricity has allocated $40.6 M (LE640 M) to develop the electricity distribution network in Sinai Peninsula.
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Egypt, Cairo: The Ministry of Electricity has allocated $40.6 M (LE640 M) to develop the electricity distribution network in Sinai Peninsula.
The funding is as part of the first phase of Egypt’s strategic plan to raise the quality of services for Sinai residents.
In the below lines, et highlights the ministry’s efforts in the peninsula:
The Ministry signed an agreement to build a power transformer station 220 / 66 / 22 KV. The construction of the station is to be finalised within 14 months. The Ministry will organise and coordinate the execution of construction works on Sheikh Zuwayed transformer station 66 / 22 KV and capacity (4 x 40 MVA) of the GIS isolated type, to be finalized within 12 months. The total investment for the first phase of the power distribution grid for the supply required for the Sinai Peninsula is about $40.6 M (LE640 M), to be financed from the strategic plan of the Ministry of Electricity and Renewable Energy.
Source: Egypt Today