New and Renewable Energy Authority (NREA) | Egypt Oil & Gas

IndianOil, Larsen & Toubro, ReNew to Form JV to Develop Green Hydrogen Projects

IndianOil announced that it has signed binding term sheet with Larsen & Toubro and ReNew companies to form of a Joint Venture (JV) company for developing green hydrogen projects in India.

Egypt to Reimburse FiT Payments

The New and Renewable Energy Authority (NREA) will pay $750,000 to each company that withdrew from phase I of the energy purchasing Feed-in-Tariff (FiT) program.

NREA Denies Egypt Unattractive for Clean Energy Investments

The Executive Chairman of the New and Renewable Energy Authority (NREA), Mohamed El-Sobki opposed the new and renewable energy companies that had claimed that the sector is currently unattractive for investments.

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