{"id":626942,"date":"2018-07-16T03:59:39","date_gmt":"2018-07-16T03:59:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/empower-plans-to-pump-in-egp-420-mn-to-finance-construction-of-wte-plants\/"},"modified":"2018-07-16T03:59:39","modified_gmt":"2018-07-16T03:59:39","slug":"empower-plans-to-pump-in-egp-420-mn-to-finance-construction-of-wte-plants","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/empower-plans-to-pump-in-egp-420-mn-to-finance-construction-of-wte-plants\/","title":{"rendered":"Empower plans to pump in EGP 420 mn to finance construction of WtE plants"},"content":{"rendered":"

INVESTMENT WATCH- Energy group Empower is planning to invest EGP 420 mn this year in waste-to-energy (WtE) projects<\/strong>, CEO Hatem El Gamal tells Al Shorouk.<\/a> Empower had reportedly won a contract last month<\/a> to produce and sell electricity from its 24 MW WtE plant in Beheira under an independent power producer (IPP) framework. The plant is currently selling electricity at a feed-in tariff rate of EGP 1.03\/kWh until the government announces an official tariff structure, El Gamal said. Sources had said that the Egyptian Electric Utility and Consumer Protection Agency has already approved setting the feed-in tariff for WtE projects at EGP 1.03 per kWh.We had heard before, however, that Cabinet would set the rate of EGP 1.40 per kWh<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Energy group Empower is planning to invest EGP 420 mn this year in waste-to-energy (WtE) projects, CEO Hatem El Gamal tells Al Shorouk. Empower had reportedly won a contract last month to produce and sell electricity from its 24 MW WtE plant in Beheira under an independent power producer (IPP) framework. The plant […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626942","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"47cf4882-f17b-4402-8ede-1a32d9cd8d6b","order":"0","is_powered_by":true,"section_story_id":"1348c167-4f99-443d-adad-2874bd49c41b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[626934],"teaser":"","voice_url":""},"yoast_head":"\nEmpower plans to pump in EGP 420 mn to finance construction of WtE plants - 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\/2018\/07\/16\/empower-plans-to-pump-in-egp-420-mn-to-finance-construction-of-wte-plants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Empower plans to pump in EGP 420 mn to finance construction of WtE plants\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Energy group Empower is planning to invest EGP 420 mn this year in waste-to-energy (WtE) projects, CEO Hatem El Gamal tells Al Shorouk. 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