Ahmad 
The Egyptian Council of Ministers denied the news circulating about the cessation of operation of the two largest power plants in the country as a result of the delay in financial payments to Siemens Energy Company, which operates them.
In an official statement, the Egyptian government confirmed that the news circulating on social media platforms regarding the withdrawal of Siemens Energy from operating the stations as a result of delayed financial dues was incorrect.
The government stressed the commitment of the Ministry of Electricity and Renewable Energy to pay all financial dues to the company on the specified dates, in accordance with the contract concluded between the two parties.
The statement indicated the commitment of Siemens Energy to operate and maintain the power stations contracted under the agreement concluded in September 2018, which includes the operation, maintenance and management of the Burullus, New Administrative Capital, and Beni Suef power stations for a period of 8 years.
The statement confirmed the efficiency of Siemens power stations, which operate on the combined cycle system and whose operating efficiency exceeds 61%, which contributes to reducing the rate of fuel consumption used in generating electricity.
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