Egypt is accelerating efforts to modernise its electricity infrastructure and reduce power losses by deepening its partnership with the private sector, Electricity Minister Mahmoud Esmat said after meeting with Elsewedy Electric Chairman Ahmed Elsewedy in Cairo on Sunday. The two sides discussed expediting power generation and transmission projects, particularly those serving major national initiatives such as the New Delta's Future of Egypt development zone, a key part of the government's sustainable growth strategy. Elsewedy Electric, one of the region's largest energy and infrastructure firms, is playing a growing role in implementing Egypt's energy agenda. Minister Esmat said cooperation spans key areas including grid expansion, improving energy efficiency, and reducing low-voltage electricity theft. "The private sector is central to securing a more efficient, reliable, and modern power system," Minister Esmat said, citing plans to shift from a traditional grid to a smarter network capable of integrating large-scale renewable energy and storage technologies. The ministry also reviewed proposals to localise the production of electrical equipment and renewable energy components, as Egypt seeks to deepen industrial self-sufficiency and reduce import reliance. The government has vowed to maintain electricity supply amid rising demand from agriculture, industry, and population growth, while continuing to scale up renewables and cut fossil fuel dependency. Attribution: Amwal Al Ghad English
