During its General Assembly chaired by Dr. Ahmed Moheina, Upper Egypt Electricity Distribution Company announced its performance results for the fiscal year 2025/2026, achieving an investment leap and a comprehensive network upgrade across the governorates of Aswan, Luxor, Qena, and Sohag. Peak load surged to 2,770 MW with an 8.27% growth rate, successfully powering key strategic initiatives, most notably the "Sanabel Sono" project, industrial zones, and new cities.

Eng. Ahmed Sedky, Chairman of the Company, stated that executed investments surpassed targets, with capital expenditures reaching 1.58 billion EGP (a 209% execution rate), alongside 2.9 billion EGP spent on third-party projects (achieving a 289% completion rate). These developments encompassed infrastructure modernization, converting overhead power lines into underground cables, expanding transformer capacities, improving supply reliability indicators, reducing power outages, and minimizing disconnected energy.

The company successfully lowered total power losses to 17.198% and non-technical losses to 9.52%, while issuing electricity theft fines valued at 1.31 billion EGP alongside intensified judicial enforcement. Digital transformation efforts progressed rapidly, expanding prepaid meters to 2.06 million, implementing the new Customer Relationship Management (CRM) system, deploying smart meters, and converting 99.9% of code-based meters into regular legal meters.

Expanding its subscriber base to 4.18 million customers, the company heavily invested in human capital by training 2,659 employees, hiring 996 engineers and technicians, and increasing performance incentives. Total revenue reached 38.2 billion EGP, underscoring the company's commitment to advancing sustainable development goals across Upper Egypt in line with the Ministry of Electricity and Renewable Energy's vision.