Egypt to approve EGP 1.4/kWh price for waste-produced electricity

The Madbouly Cabinet will reportedly set in two weeks the standard waste-to-energy feed-in tariff at EGP 1.40 per kWh according to press sources. The Electricity Ministry will pay EGP 1.03 (c.73%) and beneficiary governorates EGP 0.37 (c.27%) per kWh. The same price was reportedly set by the Ismail Cabinet in May last year. At the time, Energy group Empower was said to be negotiating the price up for electricity it began selling to the North Delta Electricity Distribution Company.