Interest in Waste-to-Energy Grows

Interest in Waste-to-Energy Grows

Atef Abd El-Hamid, governor to Egypt’s capital, Cairo, stated that the city has received around 13 new investment offers from Arab and foreign investors in the field of waste-to-energy, reported Al Borsa.

Governorate officials are negotiating with the Ministries of Environment and Industry around the nature of the proposed projects to decide what the ministries will agreed to based on the economy’s need of the projects and their usage of technology.

In related news, the Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, had stated that the government was considering to increase the waste-to-energy purchasing tariff from the specified EGP 0.92 in order to attract more investors. Shaker had said that the electricity production tariff from solar plants with capacity less than 500MW was estimated at EGP 1.08, adding that the waste-to-energy tariff should not be less than that.

Sarah Samir 2752 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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