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Cables manufacturer increases production output and improves competitiveness

Investor
Giza Power Industry (GPI)
Location
Giza Governorate, Egypt
Investment
Energy efficient medium voltage cables production lines
Investment Size
US$ 1,507,714
Financial results
Payback 1.9 years
Energy savings
1,344 MWh per year
CO2 savings
781 tonnes per year
Impact
Energy efficiency, Increased production output, improved competitiveness
Donor
EU, EBRD SSF

Giza Power invested in improving the efficiency of its medium voltage cables production line through improvements of two old lines.

Giza Power industry (GPI) was founded in 1984 under the name of (Giza Cables) at the industrial sector of Abo Rawash, Giza, Egypt. The Company is producing different varieties of power cables. GPI production range is covering ranges from low, medium, high and extra high voltage cables for two types of conductors (Aluminium and Copper).

The company was looking to improve its competitiveness through improving the energy performance of its medium voltage cable production lines, through adding a new line of modern technology which is more efficient in terms of energy consumption and also has a higher production capacity and quality, compared to the existing 2 lines. The investment helped the company improve energy efficiency, reduce production costs and increase production capacity and quality, thus enhancing its competitiveness and profitability.

The GEFF team evaluated the efficiency characteristics of the new line and confirmed that its performance was in line with the best available technologies internationally. In addition to assessing the economic viability of the installation, the GEFF team also provided an assessment of the potential environmental benefits associated with the investment.

The US$ 1,507,714 investment helped reduce overall energy consumption by the equivalent of 1,334 MWh per year (21%). The company’s reduction in their energy consumption helped decrease production costs, thus, increasing their profitability. In addition to the improved final product quality and production output, which helped the company enhance its competitive edge.

The reduction of greenhouse gases associated with this investment is estimated at 1,334 tonnes of CO2 per year, a valuable contribution to mitigating the negative impacts of climate change.

GEFF Egypt was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the European Union Neighbourhood Investment Facility.

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