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Esmat reviews EEHC’s expansion plans, projects during FY2025/26

Minister of Electricity Mahmoud Esmat approved the budget plan of the Egyptian Electricity Holding Company (EEHC) for the fiscal year (FY) 2025/2026, according to a statement.

Updated 11/11/2025 3:36:00 AM
EETC targets EGP 44.9B investments in FY2025/26 budget

The Egyptian Electricity Transmission Company (EETC) aims to invest EGP 44.9 billion in the fiscal year (FY) 2025/2026

Updated 11/11/2025 2:48:00 AM
EETC eyes EGP 68B LCs to import electrical equipment

The state-owned Egyptian Electricity Transmission Company (EETC) seeks to open letters of credit (LCs) worth EGP 68 billion ($1.3 billion).

Updated 12/16/2024 10:00:00 AM
Egypt Energy, FIREX Egypt 2024 open in Cairo

The Egypt Energy and FIREX Egypt 2024 exhibitions have officially opened at the Egypt International Exhibition Center in Cairo.

Updated 11/27/2024 3:10:00 AM
EETC prepares demerger scenarios for government review

The Egyptian Electricity Transmission Company (EETC) is finalizing scenarios for its demerger from the Egyptian Electricity Holding Company (EEHC) and plans to present them to the government next December.

Updated 11/24/2024 8:23:00 AM
Electricity Minister calls for accelerating efforts to split EETC from EEHC

Minister of Electricity Mahmoud Esmat called for the expedition of the executive steps in the separation procedures between the Egyptian Electricity Transmission Company (EETC) and the Egyptian Electricity Holding Company (EEHC).

Updated 10/8/2024 8:38:00 AM
EEHC borrows EGP 51B from local banks to pay off debt to Petroleum Ministry

The Egyptian Electricity Holding Company (EEHC), affiliated with the Ministry of Electricity, has borrowed around EGP 51 billion from a local banking consortium of five banks to pay off part of its debt to the Ministry of Petroleum and Mineral Resources.

Updated 6/3/2024 7:58:00 AM
EEHC, Schneider Electric cooperates in medium-voltage technical loss reduction field

The Egyptian Electricity Holding Company (EEHC) has sealed a cooperation protocol with Schneider Electric Egypt in the field of minimizing technical losses in medium-voltage networks.

Updated 4/30/2024 7:49:00 AM
EEHC sets USD rate at EGP 49.55 in FY2024/25 budget

The Egyptian Electricity Holding Company (EEHC) has decided to raise the exchange rate of the US dollar (USD) against the Egyptian pound to EGP 49.55 in the coming fiscal year’s (FY) budget.

Updated 4/23/2024 8:36:00 AM
Cabinet ratifies EEHC- Scatec cooperation to build 1GW solar plant

The Egyptian cabinet has endorsed the signing of a cooperation protocol between Egyptian Electricity Holding Company (EEHC) and Norwegian Scatec to establish a solar power plant with a capacity of 1 gigawatt (GW).

Updated 11/30/2023 2:46:00 AM
EEHC borrows EGP 10B from NBK Egypt to maintain power grids

The Egyptian Electricity Holding Company (EEHC) has borrowed EGP 10 billion from the National Bank of Kuwait - Egypt (NBK Egypt) to carry out power grids' maintenance.

Updated 8/6/2023 8:11:00 AM