Egypt invests LE 7.7B to improve performance of electrical network during 20/21 - News Summed Up

Egypt invests LE 7.7B to improve performance of electrical network during 20/21


CAIRO - 2 December 2021: The Egyptian Electricity Transmission Company revealed investing about LE 7.7 billion to improve the performance of the electrical network and maintain the level of quality of electrical supply during the fiscal year 2020-2021, with the total amount of energy sold during the year amounting to about 189 billion kWh. The Minister of Electricity and Renewable Energy, Mohamed Shaker, stressed - in a statement, Thursday, the sector’s success thanks to the great and effective support of the political leadership in overcoming the challenges it faces. Mashali said that several projects in the field of overhead lines and transformer stations have been implemented at the high and high voltages at the level of the Republic. She added that the voltage was placed on 8 new high-voltage transformer stations, and the capacities of the high-voltage transformer stations were increased from 62,534 MVA to 6516,3 MVA. She indicated that a number of energy purchase agreements were signed for the energy produced from renewable energy plants (for a period of 20 years for wind energy projects and 25 years for solar energy projects) with a total capacity of 3,665 MW.


Source: Libya Today December 02, 2021 17:40 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */