24 Hrs
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بوابة الشروق
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Mohamed Ali Khair: Factories face electricity theft
Investigations reveal that the value of electricity theft in Egypt amounts to approximately 22 billion Egyptian pounds annually, which is equivalent to 437 million dollars. This figure exceeds the recent increases in electricity prices that added 18 billion pounds per year. Theft occurs from various sources, including factories and private investments, where technicians manipulate meters—profiting immensely at the expense of public funds. Officials have called on the Ministry of Electricity to take decisive actions, such as imposing fines on thieves three times the value of the stolen amount, in order to deter violations and strengthen discipline in electricity consumption. Despite this, illegal theft cases worth over 20 billion pounds have been recorded in the past two years.
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