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EETC, EGEMAC sign EGP 1.7bn worth contracts to develop transmission networks 

The Egyptian Electricity Transmission Company (EETC) has signed four contracts, valued at EGP 1.7bn, with the Egyptian German Electrical Manufacturing Company (EGEMAC) to support and develop electricity transmission networks across the country. Sabah Meshaly, the chairperson of EETC, said that the first contract stipulates establishing a new electricity transformer in New Zagazig City using gas-insulated …

Daily News Egypt

EETC to increase investors’ cost shares in Benban project by 25% each

The Egyptian Electricity Transmission Company (EETC) intends to increase the cost share of each investor in the solar energy project in Benban, Aswan by 25%, a source at the company told Daily News Egypt. Investors were verbally notified of the raise a week ago, the source added, stressing that an official letter will be sent …

Mohamed Farag

EETC contracts with Siemens to establish transformer substations in Sammanoud, Abu al-Matamir

The Egyptian Electricity Transmission Company (EETC) contracted with the Germany Siemens to establish transformer substations in Sammanoud and Abu al-Matamir to transfer the energy produced from Borollos power plant in Kafr Al-Sheikh. Chairperson of the Egyptian Electricity Transmission Company (EETC) Gamal Abdel Rahim said that the company is working on increasing the capacity of the …

Mohamed Farag

EETC, NBE, agree upon EGP 18bn loan to strengthen the transmission network

The Egyptian Electricity Transmission Company (EETC) agreed with the National Bank of Egypt (NBE) to borrow EGP 18bn to strengthen the national electricity grid. Chairperson of the Egyptian Electricity Transmission Company Gamal Abdel Rahim, said that the company will sign the contracts with NBE at the end of the month, noting it will be a …

Mohamed Farag