The Egyptian government has announced it will implement an EGP75bn (US$4.7bn) plan to improve electricity grids in 2020. The national power grid is made up of 46,800 km of transmission lines (2018). Electricity transmission and distribution (T&D) losses reached 13% in 2018.
In November 2019, the European Bank for Reconstruction and Development (EBRD) approved a €183m (US$203m) loan to the state-owned company Egyptian Electricity Transmission Company (EETC) that will use the fund to strengthen the transmission network, with the objective of connecting 1.3 GW of new renewable capacity to the Egyptian grid and reducing electricity losses.
In addition, the EBRD will provide technical assistance to reform the regulatory framework for private-to-private projects, in particular for renewable project developers, within the scope of 2005 electricity law, which gradually liberalise the power sector. The Egyptian government intends to generate 20% of the country’s energy from renewable sources by 2022.