{"id":646454,"date":"2017-06-14T03:51:28","date_gmt":"2017-06-14T03:51:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/14\/afdb-plans-to-allocate-usd-40-mn-to-shapoorji-fit-projects\/"},"modified":"2017-06-14T03:51:28","modified_gmt":"2017-06-14T03:51:28","slug":"afdb-plans-to-allocate-usd-40-mn-to-shapoorji-fit-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/14\/afdb-plans-to-allocate-usd-40-mn-to-shapoorji-fit-projects\/","title":{"rendered":"AfDB plans to allocate USD 40 mn to Shapoorji FiT projects"},"content":{"rendered":"<p>The African Development Bank (AfDB) is looking to allocate another c.USD 40 mn in funding to two solar feed-in tariff (FiT) projects by India\u2019s Shapoorji Pallonji Group, <a href=\"https:\/\/alborsanews.com\/2017\/06\/13\/1032081\">sources tell Al Borsa<\/a>. Shapoorji has already signed agreements with AfDB, the IMF, and the Islamic Bank to finance its USD 85 mn 50 MW power station. The AfDB is also considering financing Alcazar\u2019s 50 MW solar power plant in Benban with a USD 18 mn package,<a href=\"https:\/\/www.pv-magazine.com\/2017\/06\/13\/african-development-bank-considering-18-million-loan-for-50-mw-pv-project-in-egypt\/\">PV Magazine reports<\/a>. The project is being built by Alcazar subsidiary Delta for Renewable Energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The African Development Bank (AfDB) is looking to allocate another c.USD 40 mn in funding to two solar feed-in tariff (FiT) projects by India\u2019s Shapoorji Pallonji Group, sources tell Al Borsa. Shapoorji has already signed agreements with AfDB, the IMF, and the Islamic Bank to finance its USD 85 mn 50 MW power station. The [&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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646454","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0e3913c4-5f4c-4d6f-9602-125843b9b5d1","order":"0","is_powered_by":true,"section_story_id":"65885c94-edcf-46b6-a227-9c85d5bf7728","story_type":"1","photo_url":"","photo_position":"above","related_issue":[646426],"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>AfDB plans to allocate USD 40 mn to Shapoorji FiT projects - 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\/2017\/06\/14\/afdb-plans-to-allocate-usd-40-mn-to-shapoorji-fit-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AfDB plans to allocate USD 40 mn to Shapoorji FiT projects\" \/>\n<meta property=\"og:description\" content=\"The African Development Bank (AfDB) is looking to allocate another c.USD 40 mn in funding to two solar feed-in tariff (FiT) projects by India\u2019s Shapoorji Pallonji Group, sources tell Al Borsa. Shapoorji has already signed agreements with AfDB, the IMF, and the Islamic Bank to finance its USD 85 mn 50 MW power station. 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