'Egypt looks to export electricity by 2018'

20171203 165848The 2017 edition of Electricx, from 3-5 December, has more than 200 exhibitors in attendance at Cairo International Convention Centre, Egypt

On Sunday, the Minister of Electricity and Renewable Energy Mohamed Shaker said that Egypt aims to be the regional hub of electricity transfer and circulation by 2018. He added that the Ministry had doubled the country’s electricity production capacity and expanded the T&D projects. Shaker was confident that the North African country will be capable of exporting its electricity surplus by next year to a number of countries including Jordan, Libya, Saudi Arabia as well as some African countries. 

It was also revealed today that that the Ministry considers changing the solar energy tariff for projects with a capacity of less than 500kW, according to Egypt News, adding that the country plans to increase local input in electricity production projects and plans to localise the maintenance process of power plants, rather than relying on foreign companies.

This announcement has boosted the morale of local and international providers of electricity generation and companies like SDMO, Megger, Omicron and Al Yamuna Densons seem to be upbeat about the visitor and exhibitor profiles on Day 1 of the show.  Egypt’s reviving economy and its proximity to both Europe and Middle East gives the  country the edge over other Middle East nations to do business and be one of the preferred connecting hub between the two continents.

Co-located with the show is Solar-Tec, which is also attracting quality visitors who are looking at Solar as the ‘next big thing’.

Besides the exhibition, conferences are too attracting investors to talk about modernising the electricity grid and managing projects efficiently.

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