Egypt : Egypt’s Kahraba to sell 75-megawatt works

  • 02 March 2021 / News / 126 / Africa-BI

Egypt : Egypt’s Kahraba to sell 75-megawatt works

The National Electricity Technology Company (Kahraba) is going to sell electricity in Wadi el Natrun and Inshas areas at actual capacity of 75 megawatts combined, Al Borsa News cited unnamed sources on March 1st.

No further details were disclosed in this regard.

Kahraba’s business volume in these areas exceeded EGP 190 million in cost, the sources noted.

The electricity firm is a subsidiary of the listed EK Holding.

Egypt’s Ministry of Electricity and Renewable Energy earlier entered into negotiations with international investors to build wind farms that would produce 1,700 megawatts of power.

source: arabfinance