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Wednesday, 15 February 2017

Feed-in tariff phase two companies to discuss payment schedule, raising FiT with Electricity Ministry

Renewable energy companies in the second phase of the feed-in tariff program are set to discuss the payment schedule for the companies’ projects, and the exchange rate at which the companies will be paid, at a meeting with the Electricity Ministry next week, sources from the ministry tell Al Borsa. The two sides might also discuss the possibility of raising the feed-in tariff, which a number of solar companies have been calling for in light of increased construction costs following the EGP float.

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