Egypt signs $120m deal to build waste-to-energy facility in Giza
In Egypt, Zawya reported that the Egyptian government has signed a $120 million contract to design, build, own, and operate the first plant for converting solid wastes into electricity.
The contract has been signed between the Giza Governorate and a consortium comprising Renergy Egypt and the National Authority for Military Production.
They will build, own and operate the project for a period of 25 years, after which the ownership of the plant will be transferred to Giza Governorate.
The plant, to be located in Abou Rawash, Giza, will treat 1,200 tons of households’ solid waste per day to electricity as part of Egypt Vision 2030, CEO of Renergy Group Partners Robert Falk said.
The country’s Minister of Finance, Mohamed Maait said that eight waste-to-energy projects are set to be implemented at a value of $323 million.
Category: Policy
