EGP

  • Power Prices to Remain Stable

    Power Prices to Remain Stable

    Tuesday, 8th November 2016
    As a result of the EGP devaluation, the Egyptian Ministry of Electricity will incur about EGP 100b yearly, EGP 50b came due to the repricing of fuel used in power generation. Yet, there will be no increase in the selling prices of electricity before the beginning of the next fiscal year.