(AFP Photo)
By Evline Meshreky
Ericsson, Sweden’s multinational communication technology company, signed a contract with the Egyptian Ministry of Electricity and Renewable Energy to merge Ericsson’s technologies with 180 electricity stations in Upper and Middle Egypt.
The contract was signed on 24 June, the Swedish Embassy to Cairo announced.
The Egyptian Minister of Electricity, Mohamed Shaker, stressed that the implementation of this project is a step towards improving the electricity sector in Upper Egypt.
Egypt has been suffering from power inefficiencies, wasting 8 to 9% of its total power generated annually, and resulting in the loss of EGP 4.8bn this year alone. The Ministries of Electricity and Petroleum launched an initiative in May to decrease electricity consumption by 20%.
The project is set to be implemented over 27 months and is expected to integrate Ericsson’s technologies, including network management solutions, a power line carrier system, and renovations and constructions of towers. These technologies are expected to enhance the efficiency of power stations in Upper and Middle Egypt.
