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Tuesday, 14 November 2017
Negotiations underway for Finance Ministry to guarantee FiT payments
The Electricity Ministry is in negotiations with the Finance Ministry to issue payment guarantees of USD 3 bn for projects that are part of phase 2 of the FiT program,ministry sources told Al Mal. The EETC is expecting to pay EGP 3.3 bn per year for power from the FiT program.
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