Egypt, Elsewedy review progress on Ain Sokhna phosphate complex    US employment cost index 3.6% up in year to June 2025    Egypt welcomes Canada, Malta's decision to recognise Palestinian state    Pakistan says successfully concluded 'landmark trade deal' with US    Sterling set for sharpest monthly drop since 2022    Egypt, Brazil sign deal to boost pharmaceutical cooperation    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    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    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    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.



Expanding private sector participation beneficiary for national grid: Electricity minister
Minister met with sector leaders to follow-up on latest developments in transmission, production and distribution projects, says source
Published in Daily News Egypt on 20 - 09 - 2015

Minister of Electricity and Renewable Energy Mohamed Shaker said Sunday he is working to add new capabilities to the national grid. In his first statement since taking office, Shaker said this would be carried out in cooperation with the private sector, to secure power supply to all citizens.
He explained that the sector aims to reach an electricity capacity of 36,000 MW, to meet the growing demand for electricity.
Shaker added that he will expand the establishment of power plants in cooperation with the private sector, whether local or foreign, in the coming years. This will be undertaken in accordance with the Electricity Act, which aims to stimulate the private sector to invest in the energy field.
A Ministry of Electricity source said Shaker met with sector leaders to follow up on the ongoing projects in the fields of production, transmission and distribution. He added that the minister has also reviewed the latest developments in the Suez steam power plant project, which has a capacity of 650 MW. The project's capacity will be added to the national grid by April 2016.
The Suez steam power plant has been included in the five-year 2012-2017 plan, that aims to strengthen the national electricity grid. This will ensure it can cope with the steady increase in the demand for electricity, and provide electric power to all areas of development.
The project consists of a steam boiler able to deal with supercritical pressures that use natural gas as a primary source for fuel, and fuel oil as a secondary source. It also includes a steam turbine with capacity of 650 MW, capacitors, generators, and accessories. The plant will be linked to the unified national electricity grid on 500 kV.
Shaker said the project's implementation would be undertaken through a multiplicity of processes system, where the processes amount to 19 to allow for competition among implementing companies and to reach the best contractual terms. He noted that by signing those two contracts, contracting for all of the project's operations will be completed.
The investment cost of the project stands at approximately EGP 4.7bn, co-financed by the African Development Bank, the Islamic Development Bank, as well as the National Bank of Egypt, and sources at the East Delta Electricity Production Company.


Clic here to read the story from its source.