The Supreme Council of Energy held a meeting chaired by Mostafa Madbouly, the Prime Minister to discuss securing energy supplies from diverse sources to support the state’s objectives across key productive and developmental sectors. The meeting also emphasized aligning with Egypt’s sustainable development vision and attracting more domestic and foreign investments.
It was attended by Karim Badawi, Minister of Petroleum and Mineral Resources; and Mahmoud Esmat, Minister of Electricity and Renewable Energy, among other ministers.
During the meeting, attendees highlighted the state’s efforts, in cooperation with numerous global companies and private sector institutions, to implement more energy projects, particularly in the field of renewables, supporting the state’s economic and social development plans and the efforts to diversify the energy mix. This would also help meet the growing demand for electricity, and aligns with general policies aimed at supporting various sectors, especially industry and agriculture.
The meeting further reviewed the implemented plans and ongoing projects, in cooperation with the Egyptian private sector and global companies to enhance the quality of electricity production and distribution networks, as well as reduce loss rates.