Formerly: Egyptian Electricity Authority. In 2000 : Law 164 was issued to transfer the Egyptian Electricity Authority to Electricity Holding Company, which was followed by five companies for the production of electricity and seven companies for the distribution of electricity and one company for the transfer of electricity. The Egyptian Electricity Holding Company works on saving electrical energy for economic, social development projects and all-purposes cross the unified electrical grid through the necessary capacities and the highest level of technical specifications. It also takes in consideration all safeguards for the stability and continuity of electrical nutrition without interruption in all cases with the optimal use of all resources to maximize profitability.