Arab Finance: The National Electricity Technology Company (KAHRABA), a subsidiary of Valmore Holding, has obtained approval from the Supreme Committee for Public-Private Partnership Affairs, chaired by Prime Minister Mostafa Madbouly, to implement two new electricity substation projects, according to a press release.
The unit will develop the 10th of Ramadan intake pumping station substation project in Abu Samran, Belbeis, as well as the power substation and electricity networks project in the Fifth Industrial Zone in New Borg El Arab City.
Through these ventures, the company aims to back industrial and urban growth through integrated substation, transmission, and distribution network projects built as per the latest international standards under the PPP model.
It seeks to address the growing electricity demand, boost grid efficiency, and improve service quality and sustainability in line with the state’s plans for expanding industrial and urban developments.
Meanwhile, KAHRABA will assume the right to utilize and operate the substations, interconnection lines, and feeding networks.
The contracted capacity of each station stands at 80 MVA, at voltage levels of 66/11 kV in Belbeis and 66/22 kV in Borg El Arab, with scalability to reach 120 MVA. This will enable the company to meet the increasing demand for electricity driven by industrial, urban, and commercial expansion in these vital areas.
Belbeis Station intends to support the vital water lifting system that supplies 10th of Ramadan City, Madinaty, the New Administrative Capital, El Shorouk, Al Rehab, Mostakbal City, Robbiki Leather City, and New Heliopolis.
On the other hand, Borg El Arab Industrial Station builds on the company's ongoing efforts since 2004 to support and develop the industrial sector, as the new station will enhance electricity supply capacity for the Fifth Industrial Zone in New Borg El Arab City.
In this regard, Eng. Emad Ghali, CEO of KAHRABA, stated: "These projects embody our vision of leveraging the latest technologies in the design and operation of transformer substations. They contribute to increasing the company's total installed capacity to around 710 MW, thereby enhancing operational efficiency and reducing losses."
Jon Rokk, CEO of Valmore Holding, added: “We are leveraging our expertise to support energy security and stimulate industrial growth, helping enhance the competitiveness of the Egyptian economy across the region.”
Established in 2004, KAHRABA is one of the oldest and largest energy developers in the region, with over 20 years of experience. The company has become a key pillar in Egypt's energy sector and is currently expanding into Middle Eastern and African markets.
It serves more than 1,500 clients across the industrial, agricultural, and commercial sectors, supported by a robust distribution network exceeding 1,000 km, and total investments surpassing EGP 6 billion.
In the first quarter (Q1) of 2026,Valmore Holding generated consolidated net profit after tax attributable to the parent company totaling $34.3 million, compared with $34.1 million in Q1 2025.
