Egypt to invest $56 M in power expansion
Egypt has boosted investment in power expansion projects by nearly 20% to $55 million during the 2025-2026 fiscal year.
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Egypt, Cairo: Egypt has boosted investment in power expansion projects by nearly 20% to around 2.8 billion Egyptian pounds ($55 million) during the 2025-2026 fiscal year. The Electricity and Renewable Energy Ministry has allocated the funds for the South Cairo Electricity Distribution Company (SCEDC).
The investments are nearly 20% higher than those approved during the 2024-2025 fiscal year. The main goal is to develop and upgrade networks managed by SCEDC in the capital and other parts of Egypt.
“The projects will be funded through the Company’s own resources and they are part of expansion plans to be executed by the Ministry during the coming fiscal year,” it said.
According to Zawya, which quoted a paper, SCEDC is one of Egypt’s largest public power distribution companies, covering nearly 15 percent of the country’s area. Its subscribers increased by almost 295000 to reach 6.7 million at the end of last year.
Source: Zawya
#Egypt#investment#power expansion#SCEDC#South Cairo Electricity Distribution Company
