The government will increase the price of electricity sold by the New and Renewable Energy Authority to the Egyptian Electricity Transmission Company (EETC) by EGP 0.11 per kWh to EGP 0.66 per kWh next year, sources from the Electricity Ministry told Al Mal. This is the penultimate increase under a plan to gradually increase prices to match the real cost of production. Prices were last hiked in August.

Corrected on 7 October 2019
Date was corrected to "next year" from "has increased" and article title to "hike" from "lowered."

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