UEEPC - Upper Egypt Electricity Production Company

What UEEPC - Upper Egypt Electricity Production Company does

UEEPC (Upper Egypt Electricity Production Company) is a state-owned Egyptian joint stock company established on July 1, 2001 under Law No. 159 of 1981, operating as a wholly-owned subsidiary of Egyptian Electricity Holding Company (EEHC). Headquartered in El-Kureimat, Giza, the company is responsible for electricity generation across eight governorates in Upper Egypt. UEEPC operates five major thermal power plants—El-Kureimat Steam, El-Kureimat Combined Cycle, South Helwan, Assiut Al-Walidia, and West Asyut—with the flagship Beni Suef project delivering 4,800 MW of capacity using Siemens H-class combined-cycle turbine technology, one of the largest single-site deployments of this efficiency class globally. With approximately 195 employees and an approved investment budget of 16 billion EGP (2016), UEEPC's asset base represents a significant portion of Egypt's thermal generation capacity.

UEEPC's business model is structurally simple: it generates electricity and sells 100% of its output to a single off-taker, Egyptian Electricity Transmission Company (EETC), under a regulated wholesale arrangement backed by the Egyptian state. Revenue is determined by government-set tariffs and capacity payments, with no direct exposure to retail customers or competitive markets. The company operates under a regional monopoly franchise granted by its parent EEHC, making it the exclusive generation provider in its designated Upper Egypt territory. Operational technology centers on supercritical and combined-cycle thermal generation, supported by an internal UEEPC ERP system for plant management, asset tracking, and financial reporting.

Governance is led by Chairman Mohamed Mokhtar Fahmy Raghab (appointed January 2019), operating within the EEHC state-owned enterprise framework. The company's strategic priorities include modernizing its aging thermal fleet, completing the Beni Suef supercritical buildout, and improving operational efficiency across its five-station network. UEEPC's position as a state-mandated regional generator with guaranteed single-buyer offtake provides revenue stability but limits commercial flexibility, tying growth directly to government capacity-expansion decisions, regional load growth in Upper Egypt, and national tariff policy.

Name

UEEPC - Upper Egypt Electricity Production Company

Legal name

شركة الوجه القبلى لإنتاج الكهرباء

Website

https://ueepc.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

UEEPC is a state-owned Egyptian electricity generation company and wholly-owned subsidiary of EEHC, operating five thermal power plants across eight Upper Egypt governorates, including the 4,800 MW Beni Suef supercritical facility, selling output exclusively to EETC.

Ownership category

akta.pro rank

Product category

Electricity Generation

NAICS

Fossil Fuel Electric Power Generation (221112), Electric Power Generation (22111)

SIC

Electric Services (4911)

akta.pro primary industry

Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield) (EUACABAI)

akta.pro secondary industries

Thermal Power Plant EPC (Gas/Coal/Oil) (EUAEAAAA), Gas-Fired Power Plant O&M and Life-Extension/Repowering Services (EUACABAJ)

Keywords

• Thermal power generation
• Electricity production services
• Combined cycle power plants
• Power plant operations
• National grid supply

Headquarters

HQ city

El-Kureimat (الكريمات)

HQ country

Egypt

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D

Revenue model

1. Electricity Sales to Transmission Grid: UEEPC generates electricity from its thermal power plants and sells all produced power to the Egyptian Electricity Transmission Company (الشركة المصرية لنقل الكهرباء) and distribution companies. Revenue is based on capacity and energy output agreements with the national grid, regulated by the Egyptian Electricity Holding Company.
2. Power Plant Development Projects: Execution of new power generation projects from thermal plants approved by the Egyptian Electricity Holding Company Board, including engineering, procurement, and construction under specified timelines. Projects are financed through government budgets, international loans, and company resources.
3. Studies and Research Services: Conducting studies and research in the field of power generation and related activities for internal use and third-party contracts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

UEEPC generates electricity from five major thermal power plants (steam and combined cycle) across Upper Egypt and sells all output to the Egyptian Electricity Transmission Company and regional distribution companies. The company also executes approved power plant development projects, provides plant operations and maintenance, and conducts studies and research in power generation.

Product overview

UEEPC operates as a vertically integrated electricity generation company with thermal power plants across Upper Egypt. The core offering includes power generation from multiple thermal stations (Kureimat Steam, Kureimat Combined Cycle, South Helwan, Asyut Al-Walidia, West Asyut), supported by an internal UEEPC ERP system for enterprise resource management. The company provides electricity to the national grid and distribution companies, along with associated services including plant operations, maintenance, project execution, and research activities.

Differentiator

Problem solved

Functional benefit

Products and services

• Thermal Power Generation Production of electrical energy from thermal power generation stations including steam plants and combined cycle plants across Upper Egypt, sold to the Egyptian Electricity Transmission Company.
• Power Plant Project Execution Implementation of new thermal power generation projects approved by the Egyptian Electricity Holding Company Board, including engineering, procurement, and construction under specified timelines.
• Research and Studies Services Conducting studies and research in the field of power generation and related activities.

Quantifiable outcome

• UEEPC stations consistently ranked first in performance metrics across all Egyptian Electricity Holding Company subsidiaries
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Siemens AG (Germany)coreStrategic or Co-development Partner · 1 January 2015Siemens partnered with UEEPC on the landmark Beni Suef power project (4,800 MW), providing H-class gas turbine technology. The consortium included Siemens, Elsewedy Electric, and Orascom. Siemens technology made Beni Suef the world's largest combined cycle plant using H-class turbines at commissioning.
• Elsewedy Electric (السويدي اليكتريك)coreStrategic or Co-development Partner · 1 January 2015Elsewedy Electric participated in the Siemens-led consortium for the Beni Suef 4,800 MW project as local execution partner alongside Orascom, contributing to construction and localization of power generation infrastructure.
• Orascom ConstructioncoreStrategic or Co-development Partner · 1 January 2015Orascom Construction was part of the consortium with Siemens and Elsewedy Electric executing the Beni Suef power project, providing construction and engineering capabilities.
• Egyptian Electricity Holding Company (EEHC) (الشركة القابضة لكهرباء مصر)flagshipStrategic or Co-development Partner · 1 January 2000UEEPC is a wholly-owned subsidiary of the Egyptian Electricity Holding Company, established under Law 164/2000 transforming the former Egypt Electricity Authority. EEHC is the parent holding company that coordinates all electricity generation, transmission, and distribution activities in Egypt. UEEPC operates under EEHC's governance, strategic direction, and capital allocation frameworks.

Scale indicators6 records

Recent moves10 records

Expansion highlights3 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/682764228565933
• LinkedInlinkedin.com/company/ueepc

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UEEPC - Upper Egypt Electricity Production Company