31 August 2013

Egypt: Egp 10 Billion Investments to Cope With Increase in Power Loads - Minister

Minister of Electricity and Energy Ahmed Emam said that some EGP 10 billion will be allocated for implementing urgent projects for enhancing the power grid before the coming summer. This, in addition to other EGP 15 billion to overcome the power supply deficit, he added.

The electricity sector has worked out a plan envisaging a number of projects to be operational in summer 2014 in partnership with the private sector.

The plan falls within the context of a five-year plan to be implemented till 2017 with aggregate investments of well over EGP 120 billion.

Copyright © 2013 Egypt State Information Service. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.