Minister of Electricity Mohamed Shaker has witnessed the signing of a memorandum of understanding between the Egyptian Electricity Holding Company and Tharwa Investment Company to establish a power plant with total investments hitting 9.6 billion dollars.
The memo came within the framework of agreements signed during the Egypt Economic Development Conference, said a statement on Tuesday by the Ministry of Electricity.
The 6,000 megawatt coal-operated power plant will be executed in two parallel stages, the statement said.
The plant will add new capabilities to meet the increasing demand for energy, the statement said.
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Egypt can generate up to 53% of power sources by 2050Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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