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Egypt Invests EGP 2.5 Bln to Increase High Dam's Capacity to 2,400 MW

Taarek Refaat The Hydro Plants Generation Company, affiliated with the Egyptian Ministry of Electricity and Energy, announced a new comprehensive project to develop the Aswan High Dam's power plants. The project aims to increase the plant's nominal capacity to 2,400 megawatts by 2028, up from the current 2,100 megawatts, with investments totaling approximately EGP 2.5 billion (equivalent to approximately €41 million). This is part of an integrated development plan encompassing various technical and operational sectors. Hesham Kamal, Chairman of the Hydro Plants Generation Company revealed during the Ordinary General Assembly held, Wednesday, that the project includes the replacement and renovation of 20 power transformers at the High Dam and Aswan Power Plants 1 and 2. The chairman added that four transformers will be installed during the 2025/26 fiscal year, with a total added capacity of 100 megawatts, gradually increasing the nominal capacity to a total increase of 300 megawatts. The project also includes replacing and renewing the stator coils of the Esna power plant units to improve operational efficiency; rehabilitating the excitation systems and voltage regulators of the main and auxiliary generators in both the High Dam and Aswan; supplying and installing 19 500 kV current transformers in the High Dam/Nagaa Hammadi circuits; and installing new 15.75 kV circuit breakers in the High Dam units. This project is part of the state's plan to achieve the goals of Egypt Vision 2030 in the field of sustainable energy and digital transformation, while enhancing reliance on local resources and modernizing the national electricity grid infrastructure. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies