EETC is ready to sign power purchase agreements with renewable energy companies under the Feed-in Tariff (FiT) program as soon as they reach financial close.
E-Finance has issued 6.8m petrol electronic smart cards for the management system of petroleum subsidies in cooperation with the Egyptian Ministry of Finance.
Emirate energy firm Al Nowais is currently negotiating with the Egyptian Ministry of Finance over sovereign guarantees in order to build its 2640MW capacity coal-fired power plant in Ain Mose in Sinai region.