Electricity Ministry begins paying dues to companies that left feed-in tariff projects without fines - Daily News Egypt - News Summed Up

Electricity Ministry begins paying dues to companies that left feed-in tariff projects without fines - Daily News Egypt


The Ministry of Electricity has begun paying dues to the companies that withdrew from the feed-in tariff project. The sources added that the payment of dues owed to Abdul Latif Jameel, Orascom Telecom, and Enel Green has been approved. Moreover, the sources noted that all four companies are owed dues by the New and Renewable Energy Authority (NREA) for plots of land in Aswan worth $750,000. The NREA asked company representatives to travel to the project site in Banban, Aswan to deliver the lands, the sources said. He explained that the company is still waiting for their dues owed by the New and Renewable Energy Authority worth $750,000, as the company ended its dealings with the feed-in tariff projects.


Source: Daily News Egypt October 16, 2016 13:07 UTC



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