{"id":640008,"date":"2024-08-19T00:00:00","date_gmt":"2024-08-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/19\/waste-to-energy-projects-worth-up-to-usd-1-2-bn-could-be-coming-our-way-soon\/"},"modified":"2024-08-19T00:00:00","modified_gmt":"2024-08-19T00:00:00","slug":"waste-to-energy-projects-worth-up-to-usd-1-2-bn-could-be-coming-our-way-soon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/19\/waste-to-energy-projects-worth-up-to-usd-1-2-bn-could-be-coming-our-way-soon\/","title":{"rendered":"Waste-to-energy projects worth up to USD 1.2 bn could be coming our way soon"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Waste-to-energy projects could soon play an important role in our energy mix: <\/strong>The government is set to sign contracts with eight local-foreign consortiums to produce a total of 1.7 bn Kw\/h of electricity from municipal solid waste across a number of governorates, Waste Management Regulatory Authority (WRMA) consultant Khaled Elfarra told Enterprise. The waste-to-energy (WtE) projects will come at a total cost of USD 900 mn-1.2 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The companies in question:<\/strong> The firms and bodies involved in the projects include Infinity Power, Orascom Construction, Hassan Allam Holding, Taqa Arabia, Elsewedy Electric, the Arab Organization for Industrialization, the National Authority for Military Production, and Medaf Holding \u2014 all of which have linked up with foreign partners to implement the projects, Elfarra tells us. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The proposed projects will spread across the country:<\/strong> The WtE projects will be implemented in Giza, Alexandria, Gharbia, Beheira, Damietta, Fayoum, Sharqiya, and Menoufia, he added. The projects will collectively recycle around 3.5 mn tons of waste annually for energy production, Elfarra continued, adding that the government will be responsible for collecting and providing the waste for the firms to use in the production process.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>To sweeten the waste-to-energy pot: <\/strong>The participating companies will be granted golden licenses from the government, as well as all the tax and non-tax incentives under the Investment Law. On top of this, the Environment Ministry is considering raising the feed-in tariff rate for WtE plants \u2014 the set price that the government pays for the electricity they generate \u2014 in a bid to make the sector more attractive to investors, Elfarra told us. The proposed price increase would see the feed-in-tariff rate rise to around EGP 2.35\/Kwh \u2014 up from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b8e85f3-4abd-445e-8890-22baac2066c3\" style=\"\" rel=\"noopener\">EGP 1.40\/Kwh<\/a>, which hasn\u2019t changed since 2019. The tariff will fluctuate along with exchange rate fluctuations, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The proposed tariff increase has been sent to the Electricity Ministry to receive the greenlight and will then be forwarded to the cabinet, Elfarra added. Assuming the cabinet also greenlights the new tariff, the government will then ink the contracts with the companies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But raising tariffs will strain the Electricity Ministry\u2019s budget: <\/strong>While the tariff increase could help attract investors, it would mean that the Electricity Ministry will have to pay more for the energy produced. The tariff is shared between the Electricity Ministry and the governorate where each project takes place. The Electricity Ministry would need support from the Finance Ministry to bear the cost of the increase, if approved, one source at the Electricity Ministry told <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d8%a7%d9%84%d8%ad%d9%83%d9%88%d9%85%d8%a9-%d8%aa%d8%af%d8%b1%d8%b3-%d8%b1%d9%81%d8%b9-%d8%aa%d8%b9%d8%b1%d9%8a%d9%81%d8%a9-%d8%b4%d8%b1%d8%a7%d8%a1-%d8%a7%d9%84%d9%83%d9%87%d8%b1%d8%a8%d8%a7%d8%a1\/\" style=\"\" rel=\"noopener\">Al Mal<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sounds familiar?<\/strong> The government has long been planning to boost electricity generation from municipal waste, initially setting a target <a target=\"_blank\" href=\"https:\/\/enterprise.press\/stories\/2020\/12\/28\/learning-to-love-wte-28247\/\" style=\"\" rel=\"noopener\">back in 2020<\/a> of generating 300 MW of electricity from WtE projects by 2025. More recently, then Finance Minister Mohamed Maait <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ca9e2848-5e45-4df3-afd9-aa0bb4cdd589\" style=\"\" rel=\"noopener\">said<\/a> in April 2023 that the state has eight waste-to-energy projects worth EGP 10 bn in the pipeline.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Want more? <\/strong>We did a deep dive into where our waste-to-energy ambitions stand in a Going we published last year. Check out the story <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/59b037fd-7b96-49ea-9b9a-d6c5600b8723\/where-do-our-waste-to-energy-ambitions-stand%3F\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The eight local-foreign consortiums are set to collectively produce 1.7 bn Kw\/h of electricity from municipal solid waste<\/p>\n","protected":false},"author":1,"featured_media":640009,"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":[7207],"tags":[93,72,1130,151,4103],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam","tag-green-energy","tag-renewables","tag-waste-to-energy","wpautop","entry"],"acf":{"mongo_id":"cddb654f-695e-48b6-bb71-2f45e6624b83","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/1573.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt to sign contracts for a bunch of waste-to-energy projects worth up to USD 1.2 bn","related_issue":[640003],"teaser":"The eight local-foreign consortiums are set to collectively produce 1.7 bn Kw\/h of electricity from municipal solid waste","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.f04b5d3d-a71f-4857-b816-949ed0bdae72.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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No details were provided on the cost or capacity of the facility. NUCA will allocate a land plot to\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641747,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/02\/masdar-infinity-hassan-allam-utilities-are-setting-up-usd-900-mn-worth-of-solar-power-plants-in-upper-egypt-plus-nahdet-misr-environmental-services-eyes-wte-projects-with-initial-usd-100-mn-invest\/","url_meta":{"origin":640008,"position":2},"title":"Masdar, Infinity, Hassan Allam Utilities are setting up USD 900 mn worth of solar power plants in Upper Egypt. PLUS: Nahdet Misr Environmental Services eyes WtE projects with initial USD 100 mn investment","author":"enterpriseam admin","date":"2 September 2024","format":false,"excerpt":"The projects should be up and running and feeding the national grid before the end of 2025","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1902.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574231,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/02\/government-discuss-funding-for-waste-to-energy-projects\/","url_meta":{"origin":640008,"position":3},"title":"Government discuss funding for waste-to-energy projects","author":"enterpriseam admin","date":"2 September 2020","format":false,"excerpt":"There\u2019s not a whole lot happening on the diplomatic front this morning, with the major issues of the day remaining Libya, Turkey\u2019s stumbling about in the Eastern Med and stalled talks on the Grand Ethiopian Renaissance Dam. Egypt looks set to pursue funding for waste-to-energy from development partners: International Cooperation\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544774,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/intro-group-to-invest-egp-1-bn-in-waste-management-this-year\/","url_meta":{"origin":640008,"position":4},"title":"Intro Group to invest EGP 1 bn in waste management this year","author":"enterpriseam admin","date":"21 March 2022","format":false,"excerpt":"Intro Group subsidiary Intro Sustainable Resources (IRS) is looking to invest some EGP 1 bn in waste recycling this year, Mostafa Khairat \u2014 the CEO of Intro\u2019s waste management arm and BariQ, told Al Mal. IRS was established in 2020 to develop clean energy, waste management and recycling projects through\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/267.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626797,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/11\/eehc-receives-5-offers-for-usd-250-mn-worth-of-waste-to-energy-projects\/","url_meta":{"origin":640008,"position":5},"title":"EEHC receives 5 offers for USD 250 mn worth of waste-to-energy projects","author":"enterpriseam admin","date":"11 July 2018","format":false,"excerpt":"Five foreign power distribution companies have presented offers to the Egyptian Electricity Holding Company (EEHC) for USD 250 mn worth of waste-to-energy (WtE) projects, unidentified government sources tell the local press. 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