The New and Renewable Energy Authority (NREA) is planning to tender solar and wind projects with a combined production capacity of 400 MW, NREA head Mohamed El Khayat tells Al Borsa. Among these projects is a 20 MW solar power plant that will be funded by the Japanese International Cooperation Agency. The Electricity Ministry had said that all future projects after the feed-in tariff (FiT) program would be tendered with rates being set on a project by project basis.

Tags: