UAE to Establish Coal-operated Power Plant in Oyoun MoussaSource: www.export-egypt.com 3/15/2015, Location: Africa |
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Minister of Electricity and Renewable Energy Mohamed Shaker and Hussein Al Nowais of Al Nowais Investments, on 15/3/2015 attended the signing ceremony of an agreement to purchase energy from a coal-operated power plant between Egypt Electricity Holding Company and Al Nowais Investment on the sidelines of Egypt Economic Development Conference (EEDC) in Sharm el Sheikh.
The plant is operated by non-polluting coal with a production capacity of 2,640 megawatt in Oyoun Moussa area in conformity with global environment standards. The project, whose investment costs amount to around 4.5 billion dollars, will contribute to adding new capacity to the electricity sector and diversify sources of energy in the near future. |
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