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Tuesday, 9 January 2018

Electricity, environment ministries agree to set FiT for waste-to-energy projects at EGP 1.30-1.60

The electricity and environment ministries have reportedly agreed to set the feed-in tariff for waste-to-energy projects at EGP 1.30 per kWh produced from agricultural waste and EGP 1.60 per kWh produced from solid waste, unidentified sources tell Al Mal. The Environment Ministry is looking to pay EGP 1 per kWh and have the Finance Ministry cover the remaining costs, the sources say. Government sources had alleged in November that the Electricity Ministry set EGP 1.35 per kWh as the maximum FiT for WtE projects. Earlier reports had emerged that the Ismail Cabinet was looking to set a three-tier tariff system, with the highest rate being EGP 1.60 per kWh.

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