Egypt’s renewable energy project was almost triple oversubscribed- Official

Egypt’s renewable energy project that sets a feed-in tariff to investors, was almost triple oversubscribed, head of the finance ministry’s Public Private Partnership (PPP) unit Atter Hanourra, stated Monday.

the official made these remarks on the sidelines of the Euromoney Egypt Conference which is taking place in Cairo on September 7-8, 2015.

Egypt has introduced feed-in tariffs for renewable energy projects and passed another law liberalising the production and transmission of electricity in past months to encourage private investment in addressing its energy crunch.

Source: Ahram Online