Minister of Electricity and Renewable Energy, Mahmoud Essmat, noted that approximately EGP 1.2 billion was recovered in a month and a half through efforts to combat electricity theft.

This came during a meeting held by Prime Minister, Mustafa Madbouly, to review efforts to supply the necessary petroleum materials for operating power stations.

At the outset of the meeting, Madbouly emphasized the purpose of holding regular meetings of this kind, which is to ensure the availability of petroleum supplies required for the continuous operation of power stations.

This measure aims to guarantee an uninterrupted electricity supply to meet both daily life and production needs.

The Prime Minister also highlighted the collaborative efforts with various stakeholders to boost the production of petroleum materials, aiming to reduce the import bill and ease the burden on the state budget.

During the meeting, the Prime Minister confirmed that the required funds have been secured to provide the necessary petroleum materials, ensuring that all sectors receive uninterrupted services despite various geopolitical challenges.

 The Minister of Electricity also addressed the current status of the electrical grid interconnection between Egypt and Saudi Arabia, outlining the ongoing steps and measures being taken.

 Essmat also reviewed the outcomes of his recent visit to Moscow, where he participated in the BRICS Energy Ministers’ meetings.

During the visit, several discussions were held with Russian officials to strengthen and expand cooperation in the energy sector.

 The Minister also followed up with officials from Rosatom, the Russian state nuclear energy corporation, regarding updates on the implementation of the El-Dabaa nuclear power plant project.