Egypt invests $6.71mln to develop power grids in 5 governorates

The number of subscribers in these governorates reached around 4 million

  
Image used for illustrative purpose. The South Cairo Electricity Distribution Company and power station is pictured at the Imbaba area in Cairo, September 26, 2014.

Image used for illustrative purpose. The South Cairo Electricity Distribution Company and power station is pictured at the Imbaba area in Cairo, September 26, 2014.

REUTERS/Amr Abdallah Dalsh

Cairo -   Middle Egypt Electricity Distribution Co has invested around EGP 105 million in developing and improving the efficiency of power grids in five governorates during the first quarter (Q1) of fiscal year 2020/2021.

The five governorates comprise Fayoum, Beni Suef, Minya, Assiut, and the New Valley, according to a statement issued by the Egyptian Ministry of Electricity and Renewable Energy on Thursday.

The number of subscribers in these governorates reached around 4 million, 1.3 million of which use prepaid counters.

As part of the development carried out in the five governorates, a number of national projects with EGP 400 million businesses were connected to the national electricity transmission network.

Source: Mubasher

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