The newly elected president, Abdel Fatah al-Sisi, has already raised electricity prices in his efforts to reform energy subsidies, one of a range of politically sensitive subsidies that also cover transport, food and agriculture. Electricity prices began to rise this month under a plan to eliminate power subsidies within five years, the electricity minister said on Thursday. Electricity prices are set to double over five years, but the introduction of a more graduated pricing structure aims to reduce the burden on the poor in a country where one person in four lives on less than $2 a day. #Solar_Energy_is_becoming_feasible Mohamed Rashed Mohamed Usama Saied Ahmed Bekhit Ahmed Yahia Eltaweel Mohammad El Shamashergy
Posted on: Sat, 05 Jul 2014 10:34:30 +0000
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