Esmat noted that electricity subsidies amount to nearly EGP 170 billion.
The talks focused on ensuring stable fuel supplies for power plants, accelerating the integration of renewable energy projects into the national grid, and more
Minister of Electricity and Renewable Energy has reaffirmed the ministry’s commitment to maintaining the stability and reliability of Egypt’s unified electrical grid
Based on current global LNG pricing, the deals could cost the government as much as $3 billion
The meeting also delved into the investment plans for the current fiscal year, FY2024/2025, which allocate approximately EGP 99.9 billion to fund 48 key projects
