(MENAFN- Daily News Egypt) Daily News Egypt obtained that status of the investment and self-investment plans of electricity distribution companies until the end of June, which are being implemented by a number of companies, including Elsewedy Electric, the Egyptian German Electrical Manufacturing Company (EGEMAC), Schneider Electric, Siemens, and ABB Group.
The Egyptian Electricity Holding Company (EEHC) entered into an agreement with the National Bank of Egypt (NBE) and Banque Misr (BM) to borrow EGP 19bn for the development of the distribution companies and complete their plans to replace electrical cables and install panels and distribution boxes to improve the efficiency of service provided to subscribers.
The South Delta Electricity Distribution Company ranked first in terms of rates of implementation of its investment plan at 42%. The company aims to install 379 transformer substations, 322 kiosks, 104 medium-voltage panels, 57 low-voltage panels, 2,685 medium-voltage towers, and 126 kilometres of low-voltage connectors.
The company also plans to install 731 kilometres of medium-voltage cables, 11,277 low-voltage towers, 319.3 kilometres of low-voltage connectors, and 19.3 kilometres of low-voltage cables, as well as 15 distributors.
The North Delta Electricity Distribution Company€™s investment plan, meanwhile, did not exceed 2%. The company plans to install 330 transformer substations, 284 metal kiosks, 12 medium-voltage panels, 38 low-voltage panels, 3,082 medium-voltage towers, and 3,339 kilometres of medium-voltage connectors.
The company also plans to install 641 kilometres of medium-voltage cables, 24,885 low-voltage towers, 3,638 kilometres of low-voltage connectors, 68 kilometres of low-voltage, and seven distributors.
Meanwhile, the Central Egypt Electricity Distribution Company ranked first in terms of rate of execution of achieving self-investment plans, at 70%, which includes the installment of 63 transformer substations, nine kiosks, 21 medium-voltage panels, four low-voltage panels, and 894 medium-voltage towers.
In addition, the plan includes installing 62 kilometres of medium-voltage connectors, 119 kilometres of medium-voltage cables, 1,894 low-voltage towers, and 639 kilometres low-voltage connectors, along with 20 low-voltage cables, and 77 distribution boxes.
The Alexandria Electricity Distribution Company has achieved rates of 13% in its self-investment plans. The plans include installation of 82 transformers, 68 metal kiosks, 68 medium-voltage panels, 68 low-voltage panels, 150 medium-voltage towers, and four kilometres of medium-voltage connectors.
Finally, the company aims to implement 113 kilometres of low-voltage connectors, 58 kilometres of low-voltage cables, and one electricity distribution box.
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