Arab Finance: State-owned utility Egyptian Electricity Holding Company (EEHC) is targeting EGP 23.103 billion in investments during the current fiscal year (FY) 2026/2027, along with electricity generation of 263 billion kilowatt-hours (kWh), as per a statement.
Under the budget, electricity generation is expected to increase by 4.8% compared with the elapsed FY 2025/2026. The number of subscribers is projected to rise by 3.3% to 47.14 million.
The company developed two scenarios for peak electricity demand. Peak load is expected to reach 41,581 megawatts (MW), representing a 4.5% increase under the medium-term scenario, or 42,300 MW, up 6.3%, under the high-demand scenario.
The company also plans to install about 2.5 million prepaid electricity meters during the current FY. That target follows the expansion of installed prepaid meters to 22.9 million as of June 30, 2026.
Minister of Electricity Mahmoud Esmat said maintaining stable, continuous, and sustainable electricity supplies, adhering to quality standards, and improving services for consumers remain central to the sector’s work program.
He described the development and reinforcement of the national electricity grid as a continuous process intended to address rising demand and accommodate higher loads, drawing on the challenges experienced by the network during last summer’s record consumption levels.
At the conclusion of the meeting, Esmat directed companies to continue improving performance and services while carrying out periodic maintenance according to established schedules. These measures aim to support the sustainability of the unified electricity network and maintain its safe and stable operation.
The minister also emphasized the expansion of digital transformation and smart services across customer service centers and point-of-sale systems. The sector’s digital services include the Unified Platform for Electricity Services, the Digital Egypt platform, services for people with disabilities, electronic payments, and the digital monitoring and operation center.
