Some LE2.1 billion was invested in electricity distribution networks in North Sinai Governorate between July 2014 and March 2023, an official statement said on Monday.
The investment was in response to directives from President Abdel Fattah El Sisi to raise the efficiency of the national grid, maintain stable power supplies and reduce outages, the Ministry of Electricity and Renewable Energy added in the statement.
The Canal Company for Electricity Distribution in the North Sinai sector has carried out a number of power projects in recent years costing LE1.400 billion, the statement said.
It referred to major electricity production projects in Sinai and in Canal cities, which included Al-Shabab power station in New Ismailia with a nominal capacity of 1500 MW and a total cost of $212.6 million, in addition to the Ain Sokhna power station with a nominal capacity of 1300 MW and a total cost of $1.3 billion.
In addition, Ataka Gas Turbine Power Plant was established in Suez Governorate, with a nominal capacity of 640 MW, and a total cost of $691.6 million, in addition to the expansion of Sharm el-Sheikh Power Station with a nominal capacity of 288 MW, and a total cost of $213.4 million.
According to renewable energy projects in Sinai and Canal Cities, the cost of implementing the Gabal El-Zeit Wind Farm Complex, with a capacity of 580 MW, is LE12 billion. While the contract value for the implementation of a 250 MW wind power plant in Suez is LE4.3 billion. Three solar power plants with a capacity of 5 MW per each will be established in Sharm el-Sheikh in the coming period.
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