We need EGP 37bn to develop transmission and distribution grids in 2 years: Minister of Electricity - Daily News Egypt - News Summed Up

We need EGP 37bn to develop transmission and distribution grids in 2 years: Minister of Electricity - Daily News Egypt


Minister of Electricity Mohamed Shaker said that the most prominent challenges for the electricity sector is developing and expanding the transmission and distribution electricity grids to accommodate the most recently added capacities, as the total investments needed for transmission projects amount to EGP 18bn, while distribution projects require EGP 37bn. He explained that several transmission and distribution projects are underway, including the implementation of 1,210 km of electricity lines and cables in cooperation with the Chinese State Grid Corporation, while Elsewedy Electric and NCC are implementing an electricity transmission line from Samalout to Naga Hammadi at a cost amounting to EGP 4.187bn. Furthermore, four transformer stations will be built in Benban, Aswan within two months to carry the output of solar projects, according to Shaker. The Ministry of Electricity will now continue constructions of the new plants, including the South Helwan plant, which would produce 1,950 MW. He stressed that new and renewable energy projects are not delayed.


Source: Daily News Egypt January 21, 2017 14:55 UTC



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