Cairo – Mubasher: The head of the Egyptian Electricity Transmission Company (EETC), Sabah Mashali on Wednesday announced that her company was targeting EGP 19.55 billion investments in the budget of the fiscal year 2019/2020.
These investments are planned to improve the existing grid though replacement and upgrading of electricity networks in Egypt, she added, according to the Middle East News Agency (MENA).
The planned projects will add 24,625 megawatts to Egypt’s National Electricity Grid (NEG) during FY19/20.
The EETC is targeting the development of the National Energy Control Centre and the regional control centres of the NEG, the top official revealed.
