Empower to build Beheira WtE power plant under IPP framework
Is Empower really the first company to receive an IPP license to sell electricity from waste? Energy group Empower has apparently won a contract to produce and sell electricity from its 24 MW waste-to-energy (WtE) plant in Beheira under an independent power producer (IPP) framework, according to statements attributed to CEO Hatem El Gamal by Al Mal. Under the IPP framework — which allows private companies to directly sell power to consumers while paying the state a fee to use the national grid for transmission — Empower will sell electricity to dairy farms at EGP 1.35 per kWh for 20 years, he adds. Work on the EGP 98 mn project, is set to begin in 3Q2018 and be completed by mid-2019.
Industry types, set us straight, please: We can’t remember hearing of any company receiving permission to sell waste-generated power under an IPP framework. As a matter of fact, last we heard, the tariff structure for the framework had yet to be set by the ministry.