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Wednesday, 1 February 2017

Electricity Ministry plans national grid projects worth USD 29 bn in 2017

The Electricity Ministry is planning to spend around USD 29 bn to upgrade the national distribution grid in 2017. The investment will both improve efficiency and ensure the grid can transmit new generation capacity coming online from power plant projects, Al Ahram’s breaking news website reports. The program will see the construction of nine new transmission stations in locations including East Port Said, Beni Suef, and Imbaba, as well as the upgrade nine existing facilities. The ministry has already signed contracts with State Grid, Saudi Arabia’s NCC, and El Sewedy Electric as part of the program.

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