HomeIndustry SectorsFinance and PolicyEgypt: electricity distribution companies gain Japanese support

Egypt: electricity distribution companies gain Japanese support

Egypt has secured a loan from the Japanese International Cooperation Agency (JICA) for $243 million to finance the automated control centres of the electricity distribution companies in Alexandria, North Delta, and North Cai, Daily News Egypt reported.

According to sources at the ministry of energy, the loan has a payment period of 30 years with a 1-year grace period at an interest rate of 0.01%, Daily News Egypt reported.

Electricity distribution companies

The technical project specifications and standards were established through a Japanese international consultant in alliance with Electric Power Systems Engineering Company (EPS).

According to sources at the ministry, a tender will be launched in June for both local and international companies.

Egypt’s minister of electricity and renewable energy, Mohamed Shaker, has called for only those companies that can provide the necessary development,  technical and financial offers over the next six weeks, where the update is expected to be done within 24 months, Media reported.

Daily News Egypt reported: “During his meeting with several companies working in the field, Shaker said, in the presence of the heads of regional controllers of transport and distribution companies, that the priorities of the sector currently include implementing a development plan of the transmission and distribution networks to accommodate the added capacities from new projects, as well as enhance the services offered to the public.”

“The minister stressed the necessity of developing the three transmission control centres and the 14 distribution control centres, noting that eight companies have expressed their desire to contribute to the development of these centres, namely Siemens, General Electric, ABB, Schneider, Dongfang, DFE, PSI, and Huawei,” media added.

Automated control centres

Media explained that the automated control centres are designed to monitor the medium voltage grid, make modifications and additions of date, monitor operation data, store them, give warning on the occurrence of an increase or decrease of voltage, and detect faults. Read more…

In addition, Daily News Egypt noted that the centres issue “technical reports of the network, carry out applied electrical studies, act as a training centre for the control engineers, activate the applied role of geographic information systems and locating them on electronic survey maps.”


Featured image: Shutterstock

Ashley Theron
Ashley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa.