The North Delta Electricity Distribution Company’s maintenance and replacement plan allocations increased to EGP 250m, after the liberalisation of the US dollar exchange price. Ibtihal El-Shafei, chairperson of the North Delta Electricity Distribution Company, said that the cost of the annual maintenance plan of all equipment, lines, cables, and stalls cost roughly EGP 170m, including EGP 110m for replacement and renewal work, and EGP 60m for maintenance. El-Shafei announced that collection rates for domestic or commercial electricity bills reached 90% in December, while bills collection revenues registered EGP 270-300m. She added that governmental institutions and agencies owe North Delta Electricity Distribution Company EGP 2.1bn, of which the most prominent agencies are the Holding Company for Water and Wastewater and spinning and weaving/textiles companies. The company is coordinating with the Egyptian Electricity Holding Company to resolve these financial disputes.

Source: Daily News Egypt January 16, 2017 12:24 UTC