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Tuesday, 19 November 2019

South Korea’s GKC to break ground on USD 225 mn waste-to-energy plant next month

South Korea’s Global Knowledge Company (GKC) will break ground early December on a USD 225 mn waste-to-energy WtE power plant in Beheira, the CEO of the company’s MENA branch, Ihab Tahoun said. The plant is aiming to generate electricity from 600 tonnes of waste a day, and will be the first of 10 WtE plants GKC has in store for Egypt in the near-future, Tahoun added. Tahoun didn’t mention when the plant is slated for inauguration. Contracts to develop the plant were signed back in 2017, but GKC has since kept construction on hold until cabinet sets a feed-in tariff rate for WtE projects.

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