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Sisi appraises power projects, reviews national food supplies

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Home Egypt

Sisi appraises power projects, reviews national food supplies

Strategic food stocks sufficient for months

by Gazette Staff
October 30, 2022
in Egypt, Local
President Abdel Fattah El Sisi during his meeting on Sunday with Prime Minister Moustafa Madbouli and Minister of Electricity and Renewable Energy Mohamed Shaker.

President Abdel Fattah El Sisi during his meeting on Sunday with Prime Minister Moustafa Madbouli and Minister of Electricity and Renewable Energy Mohamed Shaker.

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Egypt’s President Abdel Fattah El Sisi followed up on Sunday on projects carried out by the Ministry of Electricity and Renewable Energy, during a meeting with a host of cabinet and executive officials, including Prime Minister Moustafa Madbouli and Minister of Electricity and Renewable Energy Mohamed Shaker.

The projects discussed by the president during the meeting included electricity interconnection with Saudi Arabia, Greece and Cyprus.

Minister Shaker briefed the meeting about solar and wind power projects carried out in co-operation with foreign companies.

These projects, he said, are part of Egypt’s strategy to raise the volume of electricity generated from renewable sources to 42 per cent by 2035.

President Sisi gave commands, meanwhile, for expanding the manufacture of renewable power production components, especially wind turbines, and solar panels.

This, the president added, would happen in conjunction with the comprehensive development of the national power grid.

Minister Shaker also talked about co-operation with international companies for green hydrogen generation, in line with the national strategy in this regard.

The president instructed the minister to consolidate efforts in this direction.

This is especially important, he said, while the world witnesses growing interest in green hydrogen as a promising future source of power.

The president followed up earlier in the day on the provision of strategic commodities to the members of the public, during another meeting with a host of government officials, including Prime Minister Moustafa Madbouli and Minister of Supply Ali Moselhi.

 

Sisi appraises power projects, reviews national food supplies 11 - Egyptian Gazette

The minister of supply updated the president about strategic commodity stocks.

The president gave directives for maintaining sufficient amounts of strategic commodities.

He also asked the minister to closely monitor commodity prices in the market.

This, the president said, would boost food security, including by satisfying the needs of the members of the public at affordable prices.

Minister Moselhi said wheat stocks are sufficient for national production until April of next year, while sugar stocks would be enough until February of the next year.

The minister noted that the amounts of cooking oils available at the nation’s warehouses would be sufficient for consumption until May.

Meat stocks cover national needs for a year, while poultry stocks are enough for five months, the minister said.

 

 

Tags: comprehensive developmentElectricity and Renewable Energygreen hydrogenstrategic commoditiesTop_News

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