Egypt's health min. inks deal with eFinance to launch nationwide e-payment system    Egypt backs Sudan sovereignty, urges end to El-Fasher siege at New York talks    Egyptian pound weakens against dollar in early trading    Egypt's PM heads to UNGA to press for Palestinian statehood    As US warships patrol near Venezuela, it exposes Latin American divisions    More than 70 killed in RSF drone attack on mosque in Sudan's besieged El Fasher    Al-Wazir launches EGP 3bn electric bus production line in Sharqeya for export to Europe    Egypt, EBRD discuss strategies to boost investment, foreign trade    DP World, Elsewedy to develop EGP 1.42bn cold storage facility in 6th of October City    Global pressure mounts on Israel as Gaza death toll surges, war deepens    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt expands medical, humanitarian support for Gaza patients    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt's Cabinet approves Benha-Wuhan graduate school to boost research, innovation    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt exports electricity to Jordan, Libya in FY2019 – source
Published in Amwal Al Ghad on 19 - 12 - 2019

Egypt exported 1 billion Egyptian pounds ($62.3 million) worth of electricity to Jordan and Libya during the 2018/2019 financial year, with the largest share paid by Jordan, an official source at Egypt's Electricity Ministry told Daily News on Wednesday.
The total capacity of power interconnection with Libya and Jordan reached about 800MW.
Egypt's electricity exports are set to further increase after the operation of the power interconnection line with Sudan, increasing power exports to Jordan and Saudi Arabia, the source added.
The Ministry of Electricity aims to increase the electrical interconnection with neighbouring countries to about 2,000MW next year, especially with achieving surplus after fulfilling the needs of the local market.
In a parallel context, Sabah Mashaly, chairperson of the Egyptian Electricity Transmission Company (EETC), said that the national grid is being strengthened to turn Egypt into a regional energy hub.
The scheme also includes boosting existing regional interconnection projects with Jordan and Libya, and accelerate the implementation of other projects with Saudi Arabia, Cyprus, and Sudan.
She revealed the EETC is negotiating with several sides over new renewable energy projects with a total capacity of 2,570MW, including 1,820MW from wind and 750MW from solar energy.
Mashaly added that several power purchase agreements have been signed with renewable energy plants with a total capacity of 2,165MW. The agreements last for 20 years for wind farms and 25 years for solar energy projects.
She stated that the agreements include the purchase of 1,465MW of solar energy from the feed-in tariff projects in Benban Solar Park, 500MW from wind farms operating under B.O.O system, and 200MW of solar energy from other projects.
Source: Daily News


Clic here to read the story from its source.