The Electricity Ministry is expected to present the Ismail cabinet with the technical plans for Al Nowais’ Oyoun Mousa “clean coal” power station within days, a ministry source tells Al Mal. Negotiations over the project’s feed-in tariff rate should begin once the government signs off on the plans. The company’s proposed tariff ranges from USD 0.058-0.067 per kWh, officials told Al Borsa at the time. The cabinet had allocated land to the USD 4 bn project in December.

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