He added that the quantities of gas consumption of homes are targeted to reach 7 percent during the next fiscal year as a result of the intensification of projects to deliver natural gas to homes.
Thousands of jobs will be available at Egypt’s first nuclear power plant, whose capacity amounts to 4,800 megawatts, and many more opportunities will be provided indirectly, said Amgad al-Wakil, head of the Nuclear Power Plants Authority on Monday.
The contracts, which were signed simultaneously between Riyadh and Cairo, included contracts with three consortiums of international and local companies to implement the connection project, which has a capacity of 3,000 megawatts, with a 500 kV HVDC technology.
Egypt is implementing electrical interconnection projects in the coming period, with capacity of approximately 9 thousand megawatts.
Egypt’s Minister of Petroleum Tarek El Molla voiced hope that the country can soon export gas to Jordan to help supply Lebanon with electricity.
Minister of Planning and Economic Development Hala El-Said, stressed that electric energy is the mainstay for comprehensive development, as all industrial, agricultural, tourism, urban, and service sectors depend on it to operate their facilities and generate added value.
Egypt succeeded over the past period to generate electrical power for Libya through existing projects.
Cairo will send Egyptian natural gas to Jordan so that it can produce extra quantities of electricity and add them to the grid linking Jordan with Lebanon via Syria, a statement by the Lebanese Presidency revealed.
South Sudan Minister of Irrigation Manawa Peter lauded Tuesday in a TV interview the Supreme Joint Egyptian-South Sudanese Committee formed following President Abdel Fatah al-Sisi's visit to Juba in November.
The Egyptian Atlas prepared by the New and Renewable Energy Authority indicates that desert areas extending over 7,673 kilometers are suitable for the establishment of wind farms.
Such pretext aimed at playing down the fears of Egypt and justifying denying it its water rights is alarming.
Ethiopia eyes building three other dams, which along with the GERD are estimated to hold back 200 billion cubic meters of Blue Nile water.
The minister hailed as “distinguished and fruitful” cooperation between the electricity sector and Voltalia, which he said has been underlined by the French company’s participation in the Benban Solar Park.
President Abdel Fattah el-Sisi’s Sunday visit to Iraq, the first Egyptian presidential visit in 30 years, marked the beginning of a major partnership that may change the face of the region in the coming years.
Minister of Electricity and Renewable Energy Mohamed Shaker confirmed that the tranche prices will be applied for the new fiscal year, starting from Thursday, July 1, which was announced during the press conference announcing the state’s plan to raise subsidies until 2025 last July, stressing that the ministry is committed to implementing the state’s plan to raise subsidies gradually, to end in July 2025.
The projects led by Egypt on the AU-level include electricity linkage among African countries, and the Vic-Med Project.
The Ministry of Planning and Economic Development issued a report on what was achieved within the Citizen Investment Plan in Daqahlia in FY2018/2019 and FY2019/2020.
Such projects play an important role in promoting energy security, and increasing the use of renewable energy on the medium and long terms.
Khalifa urged the 3.7 million Egyptian private enterprises – employing 25 million workers - to take benefit of the 11 MoUs signed by both countries on April 19.
The Egyptian Electricity Authority stated in a statement issued, Sunday, that during the period from July 2014 to February 2021, expansion and replacement works were carried out to raise the efficiency of the electricity network in the governorate and improve service for subscribers.