Public Enterprises Minister announces strategic plan for maximizing asset returns, competitiveness    Al-Sisi holds meeting on Egypt's electricity sector development    SCZONE chief highlights infrastructure, industrial strengths at London investor roundtable    Egypt's Foreign Minister backs UN reform at Future Summit    Egyptian FM, Sudanese counterpart discuss Sudan crisis, Nile water security    Mauritian companies to establish major e-waste recycling project in Egypt: GAFI    Egypt's Foreign Minister calls for two-state solution at Arab-Islamic Committee meeting on Gaza    Over 15K citizens benefited from mental health services in 24 centers and hospitals nationwide    Egypt boosts refining capacity with key projects, investments    Italy mulls symbolic contribution from banks    N. Korea seeks closer ties with China    Global climate finance reaches $125b in '23    EGP stable vs. USD in early trade    Japan calls for corporate tax increase amid leadership race    Al-Sisi orders sports system overhaul after Paris Olympics    Egypt launches rapid response in Aswan as dozens exhibit gastroenteritis akin symptoms    Basketball Africa League Future Pros returns for 2nd season    Culture Minister directs opening of "Islamic Pottery Museum" to the public on 15 October    Restoration project at Edfu Temple reveals original coloured inscriptions for first time    Egypt joins Africa's FEDA    Egypt's Culture Minister seeks input from Writers Union on national strategy    Egypt awards ZeroCarbon solid waste management contract in Gharbia    Egypt, UN partner on $14-m coral reef protection project    ADB approves $93.6m for Cambodia's rural utilities    Egypt condemns Ethiopia's unilateral approach to GERD filling in letter to UNSC    Egyptian pentathletes dominate world championships in Lithuania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Egypt's FM, Kenya's PM discuss strengthening bilateral ties, shared interests    Paris Olympics opening draws record viewers    Former Egyptian Intelligence Chief El-Tohamy Dies at 77    Who leads the economic portfolios in Egypt's new Cabinet?    Egypt's President assigns Madbouly to form new government    Financial literacy becomes extremely important – EGX official    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



EGP 6.2bn tender for constructing nine transformer stations to be offered: electricity minister
We will extend network by over 6,174 km through 2025, says Mohamed Shaker
Published in Daily News Egypt on 14 - 06 - 2018

The Ministry of Electricity is preparing to offer a tender for the construction of nine transformer substations in Egypt with a capacity of 14,000 MVA, worth EGP 6.2bn.
The Minister of Electricity and Renewable Energy Mohamed Shaker told Daily News Egypt that the tenders will be submitted within the framework of the plan for developing the transmission and distribution networks initiated by the electricity sector last year. He added that the construction of previously contracted transformer substations will be completed in the first quarter of next year.
He added that the Ministry of Electricity aims to establish cables and networks with a length of 6,174 km by 2025, equivalent to three times more than the cables and networks in 2014, amounting to 2,364 km.
He pointed out that next year will see a qualitative shift in the electric feed, as several projects were expected to be completed in 2021, before President Abdel Fattah Al-Sisi directed their completion by next year.
Shaker pointed out that work is under way on the implementation of the second phase of the national project to replace electrical lines with underground cables, with a value of EGP 1bn, noting that the Ministry of Finance provided EGP 500m for the first phase, although EGP 700m was spent.
The minister of electricity and renewable energy said that the new electricity pricing that was announced is in the interest of citizens and necessary, noting that the government considered the most vulnerable segments.
Moreover, he pointed out that the great development witnessed by the electricity sector leads to messages of reassurance to investors of the availability of energy necessary for any industry.
Shaker pointed out that the sector completed a large number of massive projects, such as the Siemens stations, which added more than 14,000 MW to the grid and led to improving its efficiency. He said that they are now working on a coal-fired plan, nuclear power, and the pumping and storage stations at Mount Ataka.


Clic here to read the story from its source.