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Egypt price competition intensifies as power tenders progress
According to a presentation of Egyptian Electricity Holding Company’s financial results delivered by its chairman Jaber El-Desouki on 10 May in Cairo, approximately 2GW of extra capacity is expected to be commissioned before the end of 2019, taking total installed capacity to 57,424MW. This official calculation confirms the projected oversupply of power described in analyses of the pipeline from African Energy Live Data published in October and December last year.
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