Ahmed Emam says that fuel supplies to power station annually decrease by 6% besides increasing malfunctions of stations due to maintenance works
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By 2020, government aiming to meet 20% of the country’s energy needs using wind, solar and other renewable power sources
The World Bank will provide all necessary finances for implementing the project
Ministry of Electricity and Energy condemns allegations made by former minister of petroleum Osama Kamal that it had imported low quality power stations
The Electricity Ministry would first make available $200m in funds in order to purchase and distribute 400,000 tonnes of mazut fuel oil as part of a strategic reserve for the country’s electricity stations.
Complex will plug electricity shortage gap by 40% and will be completed in five to seven years