ICEC

Egypt’s electricity network needs $4.8bn to be developed – energy minister

Egyptian Ministry of Electricity needs investments of 43 billion Egyptian pounds (US$4.8 billion) to implement expansions and development works necessary for electricity distribution network until 2030.

Minister Mohamed Shaker stated Sunday that ministry’s strategy for the upcoming period includes upgrading electricity distribution system that encompasses improving around 300 customer service centres in different distribution companies.

He made these remarks during his speech in the International Consumer Protection Day conference.

He noted that enhancing electricity transport and distribution networks is vital to suit the large amount of generated electricity which is expected to be added within the upcoming years.

Shaker stated that expanding in using renewable energy requires strong and flexible networks to transport and distribute electricity with different volts.

Minister Shaker clarified that around 600MW of electricity will be provided for streets lightening within the coming period through ministry’s programmes for rationalising electricity.

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