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Tuesday, 8 May 2018

Cabinet reportedly settles on a standard waste-to-energy feed-in tariff

The Ismail Cabinet has reportedly agreed to set a standard waste-to-energy feed-in tariff of EGP 1.40 per kWh, an unidentified source tells Al Mal. The electricity and finance ministries apparently also reached an agreement that will see the former pay EGP 1.03 per kWh and the latter cover the remaining costs. Cabinet will also grant governors the jurisdiction to raise the tariff by as much as 15% to offset transportation costs within the governorate, if need be, the source claims. Previous reports indicated that the electricity and environment ministries had agreed to set the tariff at EGP 1.30 per kWh produced from agricultural waste and EGP 1.60 per kWh produced from solid waste.

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