Sigma Capital

02-02-2026

Electricity & energy are strategic sectors vital for driving Egypt’s development agenda | Madbouly

Source: MIST

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Egypt's Prime Minister, Mostafa Madbouly stressed that the electricity and energy sector is a cornerstone of Egypt’s development strategy, supporting economic growth, improving service quality for citizens, and creating a stable environment for domestic and foreign investment.

This came during Madbouly's meeting with Mahmoud Esmat, Minister of Electricity and Renewable Energy, to review the latest developments in Egypt’s electricity sector, highlighting projects aimed at boosting capacity, efficiency, and investment potential.

Minister Esmat outlined the ministry’s progress in modernizing the national grid and expanding infrastructure. Over the past year, 34 new substations were completed and integrated into the unified network, with expansions covering an additional 40 substations.

Distribution lines now extend over 194,000 kilometers, while transmission lines span 5,610 kilometers, reinforcing the country’s energy backbone.

The ministry is also tackling operational losses and power theft, reporting 4.6 billion kWh in recovered energy and installing 2.5 million coded meters to enhance efficiency and revenue collection.

On strategic projects, Minister Esmat updated the Prime Minister on the El-Dabaa Nuclear Power Plant, Egypt’s flagship nuclear energy initiative. Developed in partnership with Russia, the project is progressing according to plan and is a critical pillar of Egypt’s Vision 2030. Once operational, it will meet rising electricity demand, strengthen energy security, and support long-term sustainable growth.

The meeting highlighted the government’s continued focus on leveraging energy infrastructure as a driver for investment, industrial development, and economic resilience, positioning Egypt as a regional hub for power and energy innovation.