Egypt discusses strengthening agricultural ties, investment opportunities with Indian delegation    Egypt targets 7.7% AI contribution to GDP by 2030: Communications Minister    Irrigation Minister highlights Egypt's water challenges, innovation efforts at DAAD centenary celebration    Al-Sisi welcomes Spain's monarch in historic first visit, with Gaza, regional peace in focus    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Egypt's gold prices fall on Wednesday    Egypt expands medical, humanitarian support for Gaza patients    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt's President, Pakistan's PM condemn Israeli attack on Qatar    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's public sector fails to pay LE11 billion in electricity bills: Spokesperson
Public sector companies delay payments, Ministry of Electricity unable to cut their power, says Abu El-Ella
Ahram Online Published in Ahram Online on 05 - 12 - 2013

Public sector companies failed to pay roughly LE11 billion in government dues this year, a spokesperson for the Ministry of Electricity told Ahram Online on Thursday.
The ministry's main creditor is the Holding Company for Water and Waste Water, with delayed payments of up to LE3 billion in 2013.
Other public sector companies with delayed payments of electricity bills include the Egyptian Company for Metro Management and Operation, the Egyptian Radio and Television Union and the government's business sector.
The ministry's spokesperson, Aktham Abu El-Ella, said that they were unable to take any measures such as cutting power in order to force the public sector to pay its electricity bills.
The backbone of the ministry's revenues comes from the private sector and households.
Egypt faced regular blackouts this summer, with peak demand 3,000 megawatts above capacity due to fuel shortages.
Last August, Abu El-Ela told Ahram Online that fuel quantities supplied by the Ministry of Petroleum are not enough. This caused for power cuts in select areas in order to save energy and maintain the grid nationwide.
An electricity swap deal between Saudi Arabia and Egypt, under negotiation for the past two years, was finalised last June.
The exchange, which is expected to begin within the first half of next year, will allow each country to swap electricity at their respective peak hours, a move that Egyptian officials hope will assuage the country's energy concerns.
http://english.ahram.org.eg/News/88373.aspx

Clic here to read the story from its source.