In a stock market filing, Elsewedy Electric for Trading and Distribution said it had signed the agreement with EETC
to work on the project.
The study will include a comprehensive training program for the EETC
planning team who will jointly execute the various studies together with Siemens.
The deal allows the aircraft to be financed by the proceeds from the British Airways 2019-1 EETC
certificates and JOLCO equity arranged by NBB and BBAM.
In response to such proposals, a high-level committee was formed by the Egyptian Electricity Transmission Company (EETC
), New and Renewable Energy Authority (NREA) and Egyptian Electricity Holding Company (EEHC) to review projects.
"As a result of Egypt's energy transition, the demands placed on our grid infrastructure are continually increasing," remarked Sabah Meshaly, the chairman of EETC
The change reflects Fitch's observation that class B certificates typically remain well overcollateralized even in moderate stress scenarios, thus giving reasonable assurance that certificate-holders should receive significant recovery based on collateral values alone, despite their subordinate position to the senior certificates in an EETC
is a probabilistic weighted function of all cases of delay to occur that incorporates the cases of successful and missed transfers with respect to transferring passengers and the cases of early-arriving and late-arriving with respect to nontransferring passengers.
The location was chosen as it benefits from strong wind currents and so is expected to enable the wind farm to sell competitively priced power to the EETC
Chairperson Gamal Abdel Rehim said, "this project is a direct reflection of our efforts to continuously upgrade Egypt's national grid, and in so doing, delivering increased energy supply and support toward the diversification of the country's energy mix."
Client Name : EETC
- Egyptian Electricity Transmission Co., Central Egypt Electricity Zone, The Cashier
"The fuel ran dry, leading to the reduction of around 3000 mega watt of the daily electricity capacity for the first time ever," EETC
said, according to Al-Ahram daily newspaper.
has signed a Contract with GL Garrad Hassan to provide technical assistance for the 250 MW Gulf of Suez BOO Wind Energy Project.