Egypt's Ministry of Electricity and Renewable Energy announced an investment of approximately EGP 26.5bn in fiscal year 2024/2025 to modernize and expand the power transmission network, aiming to boost grid efficiency and integrate renewable energy into the national grid. Minister Mahmoud Esmat reaffirmed the government's commitment to providing high-quality, continuous, and stable electricity while accelerating upgrades to handle growing renewable capacity.
During the Ordinary General Assembly meeting of the Egyptian Electricity Transmission Company (EETC), Minister Mahmoud Esmat discussed Egypt's energy transition strategy, which emphasizes expanding renewable energy, increasing reliance on clean sources, and protecting the environment. He explained that the comprehensive plan seeks to improve grid efficiency, cut fuel consumption, and convert the traditional grid into a smart one capable of managing large-scale renewable generation in line with international standards.
Esmat stated: “The plan aims to reduce technical losses, ensure sustainable transmission from all generation sources, and promote economic operation through institutional efficiency, quality policies, optimal use of assets, and strict environmental and safety standards, supported by highly skilled human and technological capabilities.”
Mona Rizk, Chairperson of EETC, presented the company's performance report for FY2024/2025, confirming that all planned targets were met. The investments, totaling around EGP 26.289bn, were allocated to rehabilitating and renewing extra-high and high-voltage substations and transmission lines, completing ongoing projects, and implementing new expansions.
Currently, there are 819 extra-high and high-voltage substations with a combined capacity of 230,000 MVA, and transmission lines stretch approximately 61,000 kilometers. Renewable sources, including wind, solar, hydropower, and battery storage, make up about 14% of the national grid's installed capacity, as Egypt aims for 42% renewables by 2030.
The ministry is positioning Egypt as a regional energy exchange hub by strengthening interconnections with Jordan, Libya, and Sudan, advancing the Egypt-Saudi Arabia link, and pursuing projects with Greece and Italy. The grid operates under an economic dispatch system, with daily monitoring and coordination with the petroleum sector to ensure stability, reduce fuel use, and maintain operations across electricity and gas networks.
Maintenance programs and upgrades to protection systems and power compensation equipment, such as capacitor banks, reactors, and advanced systems (STATCOM and SVC), have boosted technical performance indicators, voltage levels, and power factor. The grid is overseen by the National Control Center in the New Administrative Capital and regional centers, as part of a digital transformation initiative introducing advanced software to support smart grid goals.