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Daily News Egypt: EGP 22.5bn allocated to develop electricity distribution networks

The Ministry of Electricity allocated EGP 22.5bn for the maintenance of cables and developing electricity across the country within the next 3 years.
09.07.17 | Interesting article at Daily News Egypt

El Husseiny El Far, member of the affairs of electricity distribution companies department in the Egyptian Electricity Holding Company (EEHC), said that the strategy of the ministry in 2017 is focused on developing the electricity grid and establishing automated control centres, as well as installing smart metres.

The strategy also includes replacing the distribution panels and improving the performance of the main lines, replacing sub-lines, establishing new distributors and medium-voltage feeders, supporting the grids of cities and villages, maintenance of stalls, and changing cables and wires.

He explained that electricity distribution companies will obtain a loan from local banks worth EGP 19.4bn. About EGP 3.1bn will be collected from electricity distribution companies across the country.