Mohamed Shaker
Whoever consumes more than 650 kilowatts per month will be excluded from subsidies and will bear the actual cost of the kilowatt per hour, according to Shaker.
The rate of the new increase for the domestic sector will be 19.1 percent, down from 21 percent in 2019/2020.
The price of electricity for the domestic sector will be raised by the beginning of July 2020 by 19.1 percent.
Egyptian Minister of Immigration and Egyptian Expatriates Affairs Nabila Makram received an award from leading economics magazine Business Today, during the annual BT100 ceremony that honors top influential figures and companies positively impacting the E
This came during Shaker’s visit to Congo on Sunday, heading a high-level delegation that includes a number of leaders of the electricity sector.
The minister stressed that collecting these fees is not part of the Electricity Ministry's work.
The electricity minister said that the cost of the project amounted to LE 509 million, with a distance of 1,000 kilometers.
Prime Minister Mostafa Madbouli underlined on Monday the importance of nuclear energy as one of the strategic options to achieve sustainable development.
Minister Shaker conveyed the greetings of President Abdel Fattah El Sisi to the African event's participants.
The new prices come as part of the government’s economic reform program.
Egypt's Electricity Minister Mohamed Shaker announced in a press conference raising electricity prices by 14.9 percent starting July.
Egypt's Electricity Minister Mohamed Shaker announced in a press conference raising electricity prices by 14.9 percent starting July.
This came during Toyoda’s meeting with Egypt’s Minister of Electricity and Renewable Energy Mohamed Shaker.
The minister's statements came during the inaugural session of the second ordinary session of the African Specialized Technical Committee on Transport, Transcontinental and Interregional Infrastructure, Energy and Tourism.
Electricity Ministers of Egypt and Iraq have discussed means to enhance bilateral cooperation in the fields of electricity and renewable energy.
Shaker affirmed that the ministry is ready to provide full support to all Egyptian investors in the field of electricity and renewable energy.
The price of selling electricity for high voltage is up to $9 globally, compared to $6 in Cairo.
The delegates, in a meeting with Electricity Minister Mohamed Shaker here Wednesday, expressed desire to implement wind and solar energy projects in the Red Sea and Minya governorates.
Egypt's Electricity Ministry said that the Egyptian Electricity Holding Company has become a member of the GEIDCO.
Shaker pointed out to the important role played by electricity linkage projects in achieving development in EAPP member states.