Egypt's anti-drug body launches new awareness phase in Maspero Triangle    Agiba Petroleum starts production from Arcadia-28 at 4,100 BOE/day    Minister El-Shimy pushes for stronger returns, partnerships in real estate, construction sectors    Apparel, textile chambers engage with Chinese delegation to explore investment opportunities in Egypt    Egypt reviews health insurance funding mechanism to ensure long-term sustainability    Obama calls for aid access to Gaza, says 'no justification' for withholding food    Gaza on verge of famine as war escalates, ceasefire talks stall    Gaza crisis, trade on agenda as Trump hosts Starmer in Scotland    Egyptian president follows up on initiatives to counter extremist thought    Egypt's SCZONE eyes deeper investment, port digitalisation ties with Singapore    Egypt's gold prices slip slightly on July 28th    Egypt's Housing Min. reviews HDP marketing plan    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    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    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.



Electricity Ministry operates 6,400MW from Siemens power plants
Implementation across the three plants marks 92%
Published in Daily News Egypt on 08 - 01 - 2018

Siemens delivered 16 gas electricity production units to the Ministry of Electricity in the New Administrative Capital, Beni Suef and Brullus stations with a total of 6,400MW.
Sherif Qutb, deputy executive director of projects at Siemens, said that the ministry has received 16 production units that are subject to commercial operation, where the Egyptian Electricity Holding Company (EEHC) will determine the capacities that need to be linked to the grid, the operation hours, and the required fuel.
Siemens will deliver eight gas production units of the three plants by May, with power loads amounting to 3,200MW, to total 9,600 MW so far.
The completion rate of the three projects reached 92%, and the German company started operating tests for some of the remaining gas production units.
Qutb explained that Siemens has started working on the 12 steam production units with a capacity of 4,800MW. According to the agreement with the Ministry of Electricity, the units will be delivered between May and December 2018.
EEHC has formed a committee for technical evaluation, and for running the Siemens power plants, which includes heads of the energy production companies in Upper Egypt, Cairo, and the Delta.
An official at EEHC said that Siemens provided bills, and that they were approved and disbursed. He noted that EEHC will not postpone payments so that the company can complete the establishment of the three plants in time.
He explained that all capacities are added to the network after its commercial operation and that the National Energy Control Centre (NECC) manages the capacities.
The Ministry of Electricity has contracted Siemens to establish three power plants with a total capacity of 14,400MW through an EBC + Finance system. Siemens handles design, construction, and financing, while EEHC repays the loan over several years.
Three German banks—KfW Development Bank, HSBC, and Deutsche Bank—secured funding for Siemens' projects in Egypt, amounting to €4.1bn of a total contract value of €6bn. Arab banks secured the remaining funding in Egyptian pounds to provide payments to the Egyptian companies participating in construction, including Elsewedy Electric and Orascom.


Clic here to read the story from its source.