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MENA Solar Brief

Egypt’s cabinet approves law privatising electricity production, transmission

In wake of recurrent energy shortfalls, Egypt will gradually push energy production, distribution and transmission to the private sector over the coming five years.

Egypt’s cabinet approved Wednesday a law privatising electricity production, distribution and transmission, reported the state-owned news agency MENA.

The law limits the state role in the electricity sector to regulation and supervision and separates activities of production, transmission and distribution to ensure competitiveness in the private sector.

Read the full story from Ahram Online.