Waste-to-energy tariff to be ratified by gov’t within two weeks

The tariff for waste-to-energy tariff projects will be ratified by the cabinet within the next two weeks, Environment Minister Yasmin Fouad told the local press. The value of the tariff will be dependent on the USD exchange rate to attract domestic and foreign investment in the sector, Fouad said, without explaining how the tariff will be calculated or correlated with the USD. Sources told the local press in August that the tariff would be set at 140 piasters per kWh: the Electricity Ministry would pay 103 piasters per kWh and the Environment Ministry the remaining 37 piasters.