Latest news with #ElectricityMinistry
Zawya
11 hours ago
- Business
- Zawya
Egypt sets $56mln for power expansion
Egypt has boosted investment in power expansion projects by nearly 20 percent to around 2.8 billion Egyptian pounds ($55 million) during the 2025-2026 fiscal year. The Electricity and Renewable Energy Ministry has allocated the funds for the state-owned South Cairo Electricity Distribution Company (SCEDC). The investments are nearly 20 percent higher than those approved during the 2024-2025 fiscal year and are intended to develop and upgrade networks managed by SCEDC in the capital and other parts of Egypt, the Arabic language daily Addustour said, quoting a Ministry source. 'The projects will be funded through the Company's own resources and they are part of expansion plans to be executed by the Ministry during the coming fiscal year,' it said. The paper noted that SCEDC is one of Egypt's largest public power distribution companies, covering nearly 15 percent of the country's area. Its subscribers increased by nearly 295,000 to reach 6.7 million at the end of 2024. (1 US Dollar = 50.67 Egyptian Pounds) (Writing by Nadim Kawach; Editing by Anoop Menon) (
Egypt Independent
3 days ago
- Business
- Egypt Independent
Egypt reassures citizens on fuel and electricity supplies amid regional turmoil
Egyptian cabinet spokesperson Mohamed al-Homsany assured that the state is closely monitoring regional developments and their potential impact, noting that the government has formed a committee of the relevant authorities to secure the country's petroleum needs and prepare for any emergency. During a telephone interview on Monday with the TeN satellite channel, Homsany explained that three gasification vessels have been contracted – one of which has already been connected – as part of a proactive plan to secure natural gas supplies. There will be no negative impact on supplies, he assured, emphasizing ongoing efforts to ensure stability in the local market. Homsany noted that there is full coordination between the Ministries of Electricity and Petroleum to ensure the provision of natural gas to power plants, with the possibility of relying on diesel if necessary, to operate plants at maximum production capacity during peak periods. The Electricity Ministry is working to improve the efficiency of plants as part of a strategic vision to rationalize consumption and increase reliance on new and renewable energy sources, he explained. The spokesperson added that the government is also launching major projects in generation and electrical interconnection with Arab countries, as part of a comprehensive national plan to ensure the sustainability of the energy sector.
Iraqi News
04-06-2025
- Business
- Iraqi News
Iraq signs deal with Turkey to increase electricity supplies
Baghdad ( – The Iraqi Ministry of Electricity signed an agreement on Wednesday with the Turkish company Alifrin to raise the capacity of the electrical interconnection line between the two countries from 300 to 600 megawatts. Iraq's Electricity Ministry said in a statement that the Iraqi Minister of Electricity, Ziyad Ali Fadel, attended a ceremony held in Baghdad to sign an agreement with Alifrin to increase the capacity of the Iraqi-Turkish electricity interconnection line. The electrical interconnection line's capacity will be increased to 600 megawatts within less than one month, according to the statement. The step is part of the Ministry of Electricity's plan to diversify energy sources and expand opportunities for collaboration with neighboring countries and the European Union. In August 2024, Baghdad launched an electrical interconnection line between Iraq and Turkey to supply areas in northern Iraq with electrical energy. The Prime Minister's Office (PMO) previously stated that the electricity imported through the new interconnection line, which spans 115 kilometers, will supply three regions in northern Iraq with electrical power. In early 2024, a 40-megawatt electrical interconnection line was established between Jordan and Iraq, enabling the provision of electrical power to western Iraq. In January 2025, Iraqi Prime Minister Mohammed Shia Al-Sudani confirmed that Iraq is achieving progress on its electricity interconnection projects with the Gulf States and Turkey. These initiatives aim to connect to the European Union electricity grid, facilitating integration within the energy sector. The Iraqi Ministry of Electricity revealed in late December that 90 percent of the electrical interconnection project between Iraq and the Gulf States has been completed. The spokesperson for the Electricity Ministry, Ahmed Musa, told the Iraqi News Agency (INA) that three companies are working on setting up the transmission line that connects the Al-Faw power station in southern Iraq to the Wafra power plant in Kuwait. According to Musa, the project's first phase, which will feed the southern Iraqi province of Basra, is anticipated to go into operation with a capacity of up to 500 megawatts.
Iraqi News
25-05-2025
- Business
- Iraqi News
Iraq seeks to accelerate gas supplies from Turkmenistan
Baghdad ( – The Iraqi Minister of Electricity, Ziyad Ali Fadel, arrived in Turkmenistan on Sunday to discuss accelerating gas supplies to Iraq. According to a statement released by the Electricity Ministry, Fadel's visit to Turkmenistan aims to speed the fulfillment of a gas supply contract with Iraq. Iraq signed a memorandum of understanding in 2023 with Turkmenistan to import the gas it needs to operate its power plants, according to the Ministry of Electricity, which indicated that the step requires additional negotiations related to the mechanism of transporting gas through Iran. Power plants in Iraq depend on gas imports from Iran, which cover one-third of the country's energy needs. Fadel previously stated that Iraq will receive gas from Turkmenistan via the pipeline network in Iran, which is connected to Iraq and will ultimately supply the power plants in the country. The agreement will enable the transportation of Turkmen gas to Iraq through Iran over a five-year period. Iraq has reportedly completed all the necessary requirements to begin importing gas from Turkmenistan in January 2024. The primary cause of the delivery's planned deferral is the requirement to negotiate a thorough arrangement with Iran, the country of transit. The Ministry of Foreign Affairs of Turkmenistan said earlier that the country will sell 10 billion cubic meters of natural gas annually to Iraq through a swap arrangement with Iran. The gas-rich central Asian country has a pipeline that connects to Iran, which borders Iraq.
Zawya
05-05-2025
- Business
- Zawya
Iraq's power deal with Siemens to add 14,000 MW
Iraq has recently signed an agreement with Siemens Energy to add 14,000 megawatts (MW) of electricity generation capacity to its national grid, the Electricity Ministry has said. The agreement, marking the third phase of Iraq's strategic energy partnership with the German company, includes the construction of gas-fired power plants across the country. These facilities will primarily utilise locally sourced natural gas, including gas currently flared during oil production, to enhance sustainability and efficiency. Electricity Minister Ziyad Ali Fadel said in local press comments at the weekend that the new Siemens Energy-built plants would employ combined-cycle gas turbine (CCGT) technology, allowing electricity generation without additional fuel consumption. He also noted that the latest agreement would raise Iraq's projected total generation capacity to 38,000 MW. Iraq currently generates approximately 28,000 MW of electricity, while peak summer demand can exceed 55,000 MW, leading to frequent power outages and reliance on private diesel generators. In addition to new power generation, the agreement includes long-term maintenance for existing facilities, such as the Dibis Gas and Al-Mussaib Thermal power stations. Similar agreements have been signed with GE Vernova and France's TotalEnergies to increase capacity and reduce emissions through flared gas recovery. (Writing by Nadim Kawach; Editing by Anoop Menon) (
