Egypt: Bold sector reforms planned
- 12 Jun 2015
President Abdel Fattah El-Sisi is reviewing a new electricity law which, if approved in its present form, will introduce further substantial reforms to the sector. Sector experts consulted by African Energy did not expect him to pass the law until after the summer peak demand period, as officials are unlikely to have the capacity to deal with the proposed changes before then. Among the main reforms envisaged by the law are the unbundling of grid operator Egyptian Electricity Transmission Company (EETC) from its parent company Egyptian Electricity Holding Company, and making regulator EgyptERA responsible for setting electricity tariffs.
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