• Privacy Policy
  • Advertise
  • Contact Us
  • Login
Egy Economy
Advertisement
  • Egy Economy
  • Economy
    • Local
    • International
  • Stock Markets
    • Stock Exchange
    • Cash
  • Prices
  • Real Estate
  • Tech
  • Tourism
  • More
    • Opinions
    • Success Story
    • Variety
  • العربية
No Result
View All Result
  • Egy Economy
  • Economy
    • Local
    • International
  • Stock Markets
    • Stock Exchange
    • Cash
  • Prices
  • Real Estate
  • Tech
  • Tourism
  • More
    • Opinions
    • Success Story
    • Variety
  • العربية
No Result
View All Result
Egy Economy
No Result
View All Result
Home International

ELSEWEDY ELECTRIC and PLN Ink MoU for Green Infrastructure Advancement in Indonesia at COP28

أشرف عوض by أشرف عوض
5 December، 2023
in International, Stock Markets
0
على هامش فعاليات مؤتمر المناخ COP28…  السويدي إليكتريك توقع مذكرة تفاهم مع شركة PLN الإندونيسية
154
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

ELSEWEDY ELECTRIC, a leading provider of integrated energy, infrastructure, and digital solutions, has proudly signed a Memorandum of Understanding with PT PLN (Persero), an esteemed Indonesian State-Owned Enterprise, amid the UN Climate Change Conference in the UAE (COP28). This groundbreaking collaboration is poised to propel the advancement of green, renewable, and intelligent infrastructure, aligning with Indonesia’s ambitious target to elevate its renewable energy share by 75% before 2040.
Under this agreement, ELSEWEDY ELECTRIC and PLN are set to establish a collaborative working group, tasked with executing the Joint Planning Session (JPS) agenda. This comprehensive agenda includes the development of smart meter projects, the initiation of new renewable energy projects, and the enhancement of renewable energy technology to augment the proficiency of PLN’s workforce.
Eng. Ahmed Elsewedy – CEO and President of ELSEWEDY ELECTRIC, stated, “With an unwavering commitment to the communities we serve and a dedication to fostering a sustainable future, ELSEWEDY ELECTRIC spares no effort to aid nations worldwide in their transition to sustainable energy. Through this strategic partnership with PLN, we take pride in fortifying Indonesia’s unceasing initiatives to expedite access to clean electricity, establish a cohesive smart electricity grid, and ultimately mitigate the impact of climate change.”
Highlighting the various aspects of this collaboration, Hany Gamal, Managing Director, Elsewedy Electric Indonesia, affirmed, “Hand in hand with PLN, we aim to contribute to the establishment of the Green Enabling Super Grid. This visionary initiative will seamlessly connect new renewable energy generators to the national electricity distribution and create an integrated electricity system that serves the entire nation, ensuring equitable distribution of clean electricity. This alliance between the two distinguished entities comes as part of our continuous cooperation through Elsewedy Electric Indonesia, ELSEWEDY ELECTRIC’s subsidiary, which has yielded noteworthy projects and achievements over the years.”
Darmawan Prasodjo, President Director of PT PLN (Persero), commented, “This MoU signifies a significant milestone for PLN, aligning with our aspirations to lead the global energy transition. Our focus extends beyond accelerating renewable energy; we aim to strengthen national capacity, construct clean energy-based plants, stimulate regional economic growth, and achieve net-zero emissions by 2060. Leveraging the proven expertise of ELSEWEDY ELECTRIC will undoubtedly contribute significantly to realizing our sustainability and economic development goals.”
It is worth mentioning that Elsewedy Electric Indonesia plays a pivotal role in supporting the Indonesian government’s futuristic vision by executing transformative projects with esteemed partners in the public and private sectors, such as PLN. Through providing innovative energy solutions, the company contributes to Indonesia’s broader economic and environmental objectives, bolstering clean energy projects and advancing Net Zero Carbon goals.
In addition to contributing to Indonesia’s GDP through market expansion and export diversification, Elsewedy Electric Indonesia maintains stringent quality standards to enhance global competitiveness. The company is committed to making new investments in Indonesia, identifying high-potential areas for growth and investment, and creating job opportunities through skills development programs, aligning with the evolving needs of the industry.

Tags: Advancement in IndonesiaCop28egyeconomyELSEWEDYELSEWEDY ELECTRIC

Related Posts

EFG Hermes Completes Advisory Role on MNT-Halan’s IPO, Egypt’s Largest IPO Since 2021
Stock Markets

EFG Hermes Completes Advisory Role on MNT-Halan’s IPO, Egypt’s Largest IPO Since 2021

20 October، 2026
Egyptian Swiss Group Eyes European Expansion Through SIAL Paris 2026
International

Egyptian Swiss Group Eyes European Expansion Through SIAL Paris 2026

19 October، 2026
Valu Partners with Air Arabia Egypt to Offer Flexible Travel Payments for Customers across Egypt and Jordan
International

Valu Partners with Air Arabia Egypt to Offer Flexible Travel Payments for Customers across Egypt and Jordan

14 October، 2026
EFG Hermes UAE LLC Launches Market Making and Liquidity Provision Services on Dubai Financial Market
International

EFG Hermes UAE LLC Launches Market Making and Liquidity Provision Services on Dubai Financial Market

12 October، 2026
Bank NXT Extends Collaboration with Network International to Modernize Payments Infrastructure
Stock Exchange

Bank NXT Extends Collaboration with Network International to Modernize Payments Infrastructure

11 October، 2026
Bank NXT Signs EGP 2.1 Billion Credit Facility with Ezz Elarab Elsewedy Investments to Finance the Group’s Industrial Expansion
Cash

Bank NXT Signs EGP 2.1 Billion Credit Facility with Ezz Elarab Elsewedy Investments to Finance the Group’s Industrial Expansion

29 September، 2026
ADVERTISEMENT
No Result
View All Result

Recent Posts

  • Shary Property launches a real estate technology platform to serve clients and contribute to regulate the real estate market
  • Master El Zenouki and Zinox El Zenouki Launch Discounts of Up to 15% Throughout November Zinox El Zenouki: Online Sales Surge 300% in October Amid Price Reduction Campaign Mahmoud El Zenouki: Discounts to Cover All Master and Zinox Products in the Final Week of November Zinox El Zenouki and Master El Zenouki, two cookware companies, have launched a series of promotional offers featuring discounts ranging from 10% to 15% throughout November, as part of a strategy to boost sales and make their products more accessible to a wider range of consumers during the annual shopping season. Mahmoud El Zenouki, CEO of both companies, said the promotional campaign features weekly discounts on selected product models, with the offers set to expand from November 26 to cover all available products and models. El Zenouki explained that the promotions began in the first week of November, with both companies closely monitoring consumer demand and sales performance. Positive results emerged from the first day of the campaign, with a noticeable increase in demand for their products among traders and retail outlets within major retail chains, alongside stronger online sales across both companies. He added that the expanded November promotions build on the strong results achieved by the promotional campaigns implemented in October, when both companies recorded their highest-ever monthly online sales, driven by increased consumer demand for online shopping and the discounts offered to customers. El Zenouki revealed that online sales surged 300% in October compared with September, coinciding with a promotional campaign offering discounts of 10%. He noted that these results encouraged both companies to expand their November offers throughout the entire month, rather than limiting them to a single week. He expects online sales in November to surpass the record levels achieved in October, supported by continued discounts, a wider variety of product models included in the promotions, and growing consumer interest in seasonal offers, particularly during the White Friday shopping period. El Zenouki also reported that online sales grew by approximately 36% during the first nine months of 2026, while both companies aim to increase their overall online sales growth rate to 50% by the end of the year. The target forms part of their strategy to strengthen e-commerce operations and capitalize on the results of their marketing and promotional campaigns. Regarding traditional retail channels, El Zenouki highlighted the positive results achieved through newly introduced in-store display solutions, which have improved product visibility and increased customer engagement. These improvements support the companies’ efforts to enhance product presentation at retail outlets while simultaneously stimulating sales through their online channels. On the product development front, El Zenouki revealed that the company is considering introducing new models next year under the “Master El Zenouki” brand, featuring non-stick cast aluminum cookware with ceramic and granite coatings. These products are available in a variety of color options, ranging from five to six colors per model, offering consumers a wider selection. The company is also exploring the introduction of new stainless steel cookware models under the “Zinox El Zenouki” brand. El Zenouki emphasized that both companies remain committed to boosting sales through expanded promotional campaigns, new product designs, and improved retail display solutions. By capitalizing on the seasonal discount period, the companies aim to strengthen sales across both e-commerce and traditional retail channels, supporting their growth targets for the end of 2026. About Zinox El Zenouki Zinox El Zenouki is a cookware brand operating under El Zenouki Group, an Egyptian industrial group established in 1964. The brand specializes in manufacturing stainless steel cookware and continues to develop its product portfolio, expand production capacity, and strengthen its presence in domestic and international markets. As part of its industrial expansion strategy, Zinox El Zenouki is currently developing its second manufacturing facility through a project to establish a new factory dedicated to producing stainless steel cutlery and tableware. The facility is intended to serve both the Egyptian market and export markets, supporting the company’s plans to expand its manufacturing operations and international presence. About Master El Zenouki Master El Zenouki, part of El Zenouki Group, specializes in manufacturing die-cast aluminum cookware with non-stick granite and ceramic coatings. The company has successfully expanded its manufacturing and export operations, producing approximately 750,000 pieces in 2025, while targeting an increase in annual production capacity to 1.1 million pieces in 2026. In recent years, Master El Zenouki has strengthened its international presence by entering new markets, including Kuwait, the United States, France, and Venezuela, while further consolidating its position in Saudi Arabia. These developments form part of a broader strategy to expand exports to Gulf countries and Eastern Europe and increase the availability of its products in the United States. The company’s growth strategy focuses on modernizing production lines, improving operational efficiency, and developing new cookware models that meet the needs of diverse consumer segments.
  • Egyptian Swiss Group Diversifies Shipping Lines and Expands into New Markets to Navigate Global Logistics Disruptions
  • Egyptian Swiss Group for Pasta and Milling Eyes Export Growth Through Private Label Dubai 2026
  • Zinox and Master El Zenouki Target New Export Markets Through China’s Canton Fair
  • Egyptian Swiss Group Targets EGP 11 Billion in Turnover This Year as It Marks World Pasta Day
  • Diwan Real estate Development Expands Investments in Egyptian Market, Prepares to Launch Its Latest Resort Project in Ras El Hekma
  • EFG Hermes Completes Advisory Role on MNT-Halan’s IPO, Egypt’s Largest IPO Since 2021
  • Mohsen: The Egyptian real estate market is strong and the current regulatory phase is natural after the significant projects expansion
  • Egyptian Swiss Group Eyes European Expansion Through SIAL Paris 2026
  • Valu Partners with Air Arabia Egypt to Offer Flexible Travel Payments for Customers across Egypt and Jordan
  • Wajha Developments cooperates with MOHM to enhance quality and luxury experience at MEE Hotel
  • Life Sports Club and Genedy Construction Sign Agreement for Phases Two and Three
  • FRA Approves Incorporation and Licensing of Taj Misr for Underwriting and Fund Management
  • EFG Hermes UAE LLC Launches Market Making and Liquidity Provision Services on Dubai Financial Market
  • SAFE by Madinet Masr Expands Access to Real Estate Investment in Egypt with Fractional Ownership Starting from EGP 5,000
  • Urban Expansions receives “ISO 14001” and “ISO 41001” certifications for “GLOW TERRA TOWERS” project
  • El Zenouki and Zinox El Zenouki Showcase Latest Products at Obj Expo in New Cairo
  • Orascom Construction, Dar Engineering and The Arab Contractors among Big 5 Global Impact Awards 2026 finalists
  • Bank NXT Extends Collaboration with Network International to Modernize Payments Infrastructure

      Egy Economy

      © 2023 - إيجى إيكونومى.. بوابة إلكترونية متخصصة فى تغطية أخبار البيزنس والاقتصاد فى مصر والعالم العربى.

      روابط هامة

      • Egy Economy
      • Privacy Policy
      • Advertise
      • Contact Us

      تابعنا

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      No Result
      View All Result
      • Egy Economy
      • Economy
        • Local
        • International
      • Stock Markets
        • Stock Exchange
        • Cash
      • Prices
      • Real Estate
      • Tech
      • Tourism
      • More
        • Opinions
        • Success Story
        • Variety
      • العربية

      © 2023 - إيجى إيكونومى.. بوابة إلكترونية متخصصة فى تغطية أخبار البيزنس والاقتصاد فى مصر والعالم العربى.

      -
      00:00
      00:00

      Queue

      Update Required Flash plugin
      -
      00:00
      00:00