In North Africa, Egypt’s Ministry of Electricity has earmarked $33 million to the Central Electricity Distribution Company in the 2017/2018 budget.
According to Medhat Fouda, the company’s chairperson, funds will be used toward the replacement of distribution panels, improvement of the main and secondary lines, the establishment of new medium voltage distributors and feeders.
In addition, Fouda noted that it will contribute toward the strengthening of the electricity grids of cities and villages, Daily News Egypt reported.
Egypt electricity ministry funds refurb
The company works on providing electricity to all citizens in the New Valley, Fayoum, Beni Suef, Minya, and Assiut governorates, by replacing damaged cables to secure delivering the electricity supply, Daily News Egypt reported.
[quote]Fouda highlighted that the energy firm considers a request for the establishment of a solar power plant under the feed-in tariff with a capacity of 12MW.
“Amr al-Saadi filed the request to establish the plant in cooperation with the Chinese company TBEA, and a committee was formed from the company to study the offer,” Daily News Egypt reported.
According to Fouda, the project contract will be concluded after the fulfillment of all conditions and necessary measures for the establishment of the plant.
Adding that a signed power purchase agreement states that all generated power will be supplied to the national grid. Read more…
Media further cited Fouda, who said that the Central Egypt Electricity has installed pre-paid electricity meters in government agencies, including the ministries of supply and agriculture, to ensure the protection of future revenue and avoid the accumulation of debts on government agencies.
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