Egypt’s Minister of Electricity Hassan Younes recently declared the new electricity substation in the North Gulf of Suez ready for operation and confirmed that it has been connected to the united electricity network, reported Al-Ahram.
The substation carries a cost of 70 million Egyptian Pounds ($15 million) and will provide the necessary electricity for development projects in the area. Younes stated that the substation is an integral part of the government plan to attract investment to the newly developed economic and industrial area.
Egypt’s Electricity generation capacity is estimated at 113 billion kilowatts per hour, whereas the overall domestic energy consumption stands at 77 billion kilowatts/hour. In addition to meeting domestic demand, the united electricity network supplies power Libya, Syria and Jordan. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
