Solar prices will increase by 1.75 Egyptian pounds per liter, resulting in a 15% hike in transportation fares.
El Manoufi stressed that each company would make its decision based on its specific circumstances and production costs.
The government is now bearing the difference in cost, as it has become a supported commodity after being sold at a cost equal to its supply cost.
The increase in transportation fares is expected to help offset some of the rising costs of diesel and other inputs for transportation companies.
The selling price of a ton of non-electricity and non-food industry diesel was also kept at 6,000 Egyptian pounds per ton.
