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CAIRO, August 10, 2018 (MENA) – Egyptian Cabinet's Information and Decision Support Center (IDSC) denied reports circulated on some websites and social media pages about the government’s intention to increase electricity prices.

The IDSC has contacted the Ministry of Electricity and Renewable Energy, which totally dismissed these reports, stressing that there is no new increase in the current electricity tariffs set for the 2018/2019 fiscal year, the center said in a report Friday.

All reports circulated in this regard are just rumors that aim to fuel the citizens’ anger for no reason, it added.

Meanwhile, the IDSC dismissed reports about the government’s intention to issue several decisions that will lead to lack of sugar supply and increasing its price.

The rumors spread in light of the minister of trade and industry’s decision to abolish LE 3,000 export fees on each ton of sugar.

The IDSC said it has contacted the Ministry of Supply and Internal Trade, which totally denied the reports, affirming that there is no surge in the current sugar prices.

The ministry urged all media outlets and people to verify the authenticity of any information and to contact the bodies concerned before publishing any groundless news.

 

 

CAIRO, July 30, 2018 (MENA) - Electricity and Renewable Energy Minister Mohamed Shaker discussed with South Sinai Governor Khaled Fouda and officials of Schneider Electric firm mechanisms of enhancing electricity grid in the governorate besides removing the obstacles facing new and renewable energy ventures.

During the meeting, Shaker said that the electricity sector began fulfilling the demands of the distribution network, adding that Schneider Electric managed to implement a project to generate electricity from solar energy in Abu Gharaka in South Sinai.

These endeavours reflect the attention paid by the political leadership to societal participation in the new urban communities nationwide, the minister asserted.

Shaker pointed out to the efforts exerted by the electricity sector to develop transport networks, the matter which helps in improving the service offered to the citizen.

CAIRO, July 24, 2018 (MENA) - President Abdel Fattah Sisi has witnessed the inauguration of a number of mega electricity projects Tuesday.

In his word at the inauguration of several national projects in the power sector, Electricity Minister Mohamed Shaker expounded the projects that have been implemented by the Electricity Ministry since June 2014.

He said that before 2014 the challenges facing the power generation sector in Egypt were a deficiency in generation capacities; depending on only one energy source - 90% of energy plants were powered by natural gas and fuel derivatives; incomplete and inadequate maintenance work and sabotage attacks targeting electricity facilities and transmission and distribution networks.

At that time, there were no other primary energy sources, like solar energy, nuclear energy or fossil energy from coal, he noted.

As for the Egyptian power boost programme, Shaker said that Egypt carried out a large-scale maintenance operation before the summer of 2014, noting that it only covered 73% of the targeted maintenance work.

The maintenance of equipment aimed at increasing energy capacity to reach 26.644 megawatts, however, the installed power generating capacity was just 19.273 megawatts.

In an effort to overcome the repercussions of terrorist attacks on power transmission and distribution networks, the Electricity Ministry set up an urgent plan to add 3.636 megawatts of electricity to the national power grid, with investments worth 2.7 billion dollars in 8 months, Shaker said.

There are still power plants under construction, he said, adding that his ministry has so far finalised the construction of power stations with a total capacity of 4.250 megawatts and investments amounting to 4 billion dollars.

CAIRO, July 24, 2018 (MENA) - President Abdel Fattah El Sisi Tuesday praised efforts by Siemens Company to develop Egypt's electricity networks and implement all projects on time.

In remarks he made during the inauguration of a number of power projects in the New Administrative Capital, Beni Sueif and Kafr El Sheikh's El Borollos, President Sisi said the company raised the operation efficiency in temperatures higher than the standard usually stated in contracts. The company raised the operation temperature to 45 degrees instead of the usual 15 to cope with the high temperature in Egypt, the president said.

"I do not want to confine the role of Siemens and focus on just this point. In fact, the company responded to all our demands particularly as regards timing, which was our biggest challenge, and cost," the president added.

The president thanked Siemens in the name of all the Egyptians and the Egyptian state for its efforts and its response to Egyptian demands. "This was unprecedented," he said.

CAIRO, July 24, 2018 (MENA) - President Abdel Fattah Sisi has witnessed the inauguration of a number of mega electricity projects Tuesday.

At the ceremony Chairman of the Administrative Control Authority (ACA) Mohamed Erfan said that about 25,000 megawatts of electricity have been added to the unified national grid in the period between July 2014 and June 2018.

This, he added, has helped achieve a surplus in power capacities by 25 per cent, which will contribute to securing future needs of electricity, let alone exports.

Egypt is keen on providing best standards and prices amid an atmosphere of transparency, which surely helped achieve an unprecedented value added to the electricity sector, the ACA chairman noted.

Erfan touched upon a strategic plan that has in its heart an expansion in the use of new and renewable energy to reach 20 per cent of the total capacities by 2022. Part of the plan is also meant to upgrade capacities of the combined-cycle power stations from 36.5 per cent to 55.8 per cent, he added.

He also pointed out that l4 huge electricity projects have been completed at a total cost of LE l55 billion.

CAIRO, July 24, 2018 (MENA) - President Abdel Fattah El Sisi arrived at the New Administrative Capital Tuesday to inaugurate a number of mega electricity projects across Egypt.

Prime Minister Moustafa Madbouli, Electricity Minister Mohamed Shaker and Defence Minister Mohamed Zaki received Sisi upon arrival at the venue of the inauguration ceremony.

Sisi is set to open three huge power plants, the most advanced worldwide, in the New Administrative Capital, Beni Sweif and Borolos.

Implemented by Siemens, the plants should produce a total of 14,400 megawatts, adding 50 percent to the current national electricity network.

Sisi will also inaugurate a wind power generation station, Gabal el Zeit, the biggest worldwide.

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