{"id":566971,"date":"2020-01-08T04:20:46","date_gmt":"2020-01-08T04:20:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/egypt-scraps-hydro-power-plant-executive-authority\/"},"modified":"2020-01-08T04:20:46","modified_gmt":"2020-01-08T04:20:46","slug":"egypt-scraps-hydro-power-plant-executive-authority","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/egypt-scraps-hydro-power-plant-executive-authority\/","title":{"rendered":"Egypt scraps Hydro Power Plant Executive Authority"},"content":{"rendered":"<p><strong>CABINET WATCH- Egypt scraps Hydro Power Plant Executive Authority:<\/strong> The Madbouly Cabinet <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%A7%D8%AC%D8%AA%D9%85%D9%80%D9%80%D8%A7%D8%B9-%D9%85%D8%AC%D9%84%D9%80%D8%B3-%D8%A7%D9%84%D9%80%D9%80%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D8%B1%D9%82%D9%80%D9%80%D9%85-(72)--%D8%A8%D8%B1%D8%A6%D9%80%D8%A7%D8%B3%D8%A9-%D8%A7%D9%84%D8%AF%D9%83%D8%AA%D9%88%D8%B1-%D9%85%D8%B5%D8%B7%D9%81%D9%89-%D9%85%D8%AF%D8%A8%D9%88%D9%84%D9%8A.aspx\">approved draft legislation<\/a> to abolish the Hydro Power Plants Executive Authority during its weekly meeting last week. Hydroelectric assets would be transferred to a new Renewable Energy Development Agency that would be run by the Electricity Ministry.<\/p>\n<p>The cabinet also:<\/p>\n<ul>\n<li>Approved the Trade Ministry\u2019s request to extend the international exhibitions subsidy program until the end of the current fiscal year using EGP 125 mn from the Export Development Fund\u2019s budget;<\/li>\n<li>Agreed to install temporary smart meters for buildings that illegally obtain electricity;<\/li>\n<li>Agreed in principle to hit pause on any procedures for seizure of faltering industrial, tourism, and hospitality projects.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>CABINET WATCH- Egypt scraps Hydro Power Plant Executive Authority: The Madbouly Cabinet approved draft legislation to abolish the Hydro Power Plants Executive Authority during its weekly meeting last week. Hydroelectric assets would be transferred to a new Renewable Energy Development Agency that would be run by the Electricity Ministry. The cabinet also: Approved the Trade [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[7097,72,4349,150,4350,2380,98,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-566971","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-development","tag-enterpriseam","tag-foreign-exhibitions","tag-renewable-energy","tag-seizures","tag-speed-round","tag-subsidies","tag-trade","wpautop","entry"],"acf":{"mongo_id":"241ba78e-3d60-4e85-88da-548612710c73","is_powered_by":true,"section_story_id":"3549a01e-e9aa-4143-a349-f161cdbaac43","story_type":"1","photo_url":"","photo_position":"above","related_issue":[566938],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt scraps Hydro Power Plant Executive Authority - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/egypt-scraps-hydro-power-plant-executive-authority\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt scraps Hydro Power Plant Executive Authority\" \/>\n<meta property=\"og:description\" content=\"CABINET WATCH- Egypt scraps Hydro Power Plant Executive Authority: The Madbouly Cabinet approved draft legislation to abolish the Hydro Power Plants Executive Authority during its weekly meeting last week. Hydroelectric assets would be transferred to a new Renewable Energy Development Agency that would be run by the Electricity Ministry. The cabinet also: Approved the Trade [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/egypt-scraps-hydro-power-plant-executive-authority\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-08T04:20:46+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/egypt-scraps-hydro-power-plant-executive-authority\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/egypt-scraps-hydro-power-plant-executive-authority\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt scraps Hydro Power Plant Executive Authority\",\"datePublished\":\"2020-01-08T04:20:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/egypt-scraps-hydro-power-plant-executive-authority\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"development\",\"EnterpriseAM\",\"foreign exhibitions\",\"renewable energy\",\"Seizures\",\"SPEED ROUND\",\"subsidies\",\"trade\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/egypt-scraps-hydro-power-plant-executive-authority\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/egypt-scraps-hydro-power-plant-executive-authority\/\",\"name\":\"Egypt scraps Hydro Power Plant Executive Authority - 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