Egypt Establishes 26 Power Plants in 5 Years

Egypt Establishes 26 Power Plants in 5 Years

The Egyptian electricity sector successfully established 26 power plants over five years, sources at the Ministry of Electricity told Amwal Al Ghad.

The 26 stations include 114 electricity-generating units, the sources noted, adding that they produced around 25,000 megawatt (MW), which helped the sector achieve an electricity surplus.

The total investments of electricity production reached EGP 287 billion during the period from June 2014 until the beginning of 2019, the sources said, adding that the production surplus recorded a 25% in Q2 2019.

The electricity sector is developing alternative energy projects to decrease dependency on fossil fuels and produce 20% of the country’s electricity from these sources by 2022.

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Sarah Samir 3706 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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