The project, envisioned to be one of the largest wind farms in Egypt, will be carried out at an investment cost of €228 million, Shaker noted during the inking ceremony.
Well-informed sources told a local newspaper that the total cost of the gas pipeline amounted to LE 1.6 billion.
Minister of Electricity Mohamed Shaker said that the capacity of the power grid in Egypt will rise to 25,400 megawatts.
The plant, which will have capacity of 2,250 megawatts (MW), would be built in Luxor province in southern Egypt, the minister told a news conference.
President Abdel Fatah al-Sisi opened four new power stations built at a total cost of $7.6 billion as part of the country’s development drive.
In less than two years, the government managed to end electrical power shortages and even pave the road for surpluses.
The plant should be built in el Hamrawein district of the Red Sea governorate with the aim to generate 6,000 megawatts.
Cabinet approved Wednesday establishing three energy plants in Eritrea, to generate electricity with a capacity of 4 megawatts
An explosion at an Indian power plant killed 20 people and injured up to 100 in the northern state of Uttar Pradesh on Wednesday.
Talaat el Sewedy greeted Sisi on his efforts in the energy file and providing energy for the new administrative capital before its inauguration.
The German Minister for International Cooperation and Development Gerd Müller will arrive in Cairo during the coming hours to sign cooperation deals with Egypt.
Osama Heikal said that a power outage in the city on Saturday was caused by a failure in the circuits feeding it from the 6th of October city’s power plant.
Minister of Electricity inaugurated a solar plant with a capacity of 960 kilowatts/day and investments of around LE 3.25 million above the Credit Agricole administrative building.
The plant costing €2 billion ($2.2 billion) will later function in the steam-electric system with a capacity of 4,800 MW.