#solar plants
An increase in electricity prices by an average of 26% were announced Tuesday, at a press conference held by the minister of electricity, Mohamed Shaker. Shaker said electricity costs for factories would rise about 41.8% and for households, 20.9%. The price hike, which should take effect in July, are a consequence of subsidy cuts, tied to the country’s $12 billion IMF loan programme. Furthermore, the minister added that the ministry was working on diversifying energy sources to include Nuclear Power,…
