Egypt to invest EGP 136.3bn to boost renewable energy in FY25/26

Cairo - Mubasher: Egypt plans to invest EGP 136.30 billion in its electricity and renewable energy sector during fiscal year (FY) 2025/2026, marking a 87.74% surge from EGP 72.60 billion in FY24/25.

The budget aims to raise electricity coverage to 99.80% by June 2026 and boost interconnection capacity to 3,900 megawatts (MW), reinforcing Egypt’s role as a regional energy hub.

Ranai El-Mashat, Minister of Planning, Economic Development, and International Cooperation, commented: “The electricity and renewable energy sector is responsible for providing electrical energy to all users in various productive and consumer fields

“This contributes to achieving sustainable development goals and continuously improving the level of services provided to citizens,” she added

The public investments will account for 73% of the total allocation, with the private sector covering 27%.

The plan targets sector output of EGP 655.60 billion in FY25/26, rising to EGP 984.50 billion by FY28/29. Meanwhile, the sectoral products are expected to grow from EGP 285 billion to about EGP 430 billion.

Key targets of the fiscal year’s plan include generating 235 billion kWh, adding 1,200 MW of thermal capacity, and cutting electricity losses to 16.50%.

Mubasher Contribution Time: 02-Sep-2025 14:17 (GMT)
Mubasher Last Update Time: 02-Sep-2025 14:17 (GMT)