Five companies won a tender to supply 250,000 smart electricity metres—out of seven companies that submitted their bids to the Ministry of Electricity and Renewable Energy. Companies that won the tender must use 25% of components from the local market. The current tender is set to implement a pilot project for the installation of 250,000 smart metres across six distribution companies, including 50,000 smart metres for both North Cairo Electricity Distribution Company and South Cairo Electricity Distribution Company, as well as 25,000 metres for Middle Egypt Electricity Distribution, South Delta Distribution Company, and Alexandria Electricity Distribution Company. According to the ministry, the smart metres project will help consumers manage electricity, which would lower their bills. The ministry aims to install 20m smart metres during the upcoming 10 years as part of the strategy to eliminate wrong readings and electricity thefts.