Electricity: Water, wastewater and corporate debts amount to £ 19 billion and £ 800 million

Dr. Ayman Hamza, spokesman for the Ministry of Electricity and Renewable Energy, confirmed that the procedures for triggering the collection of accrued debt from drinking water and sanitation companies and from corporate sector companies amounted to approximately 19 billion and 800 million pound, are completed through activating cabinet decisions.

Hamzah added in exclusive statements to ‘The Seventh Day’ that activating the decisions of the Council of Ministers resulted in the signing of a protocol between the Egyptian electricity holding and the three companies of the holding sector (mineral – chemistry – spinning and weaving) to pay the debts owed and establish a mechanism for paying monthly bills, in addition to coordination. Between the Egyptian Electricity Holding Company and the Holding Company for Drinking Water and Sanitation regarding the signing of a protocol to settle the outstanding debts and set up a mechanism for paying the monthly bills.

Hamzah said the Egyptian Electricity Holding Company is completing the implementation of projects to develop electricity distribution networks and control centers, replace regular meters with prepaid meters and smart meters, develop customer service centers and develop many services to improve quality of service to customers.

Source link