Egypt renews licenses for the production and distribution of electric power to 10 companiesVisits : 67

Egypt renews licenses for the production and distribution of electric power to 10 companies

The Electricity Regulatory Authority and the Consumer Protection Authority of the Ministry of Electricity decided to renew licenses for the production and distribution of electricity to 10 companies.

Sources of the agency told the bourse that the list of approved companies includes TCA Sanmar, Umm Al-Jarifat, Power House, Mirage Hotels, Tourism Development, Emaar Misr Development, Egyptian Chinese, Majid Al-Futtaim Real Estate, New Giza Utilities and Infrastructure, Kuwait Nile Valley for Urban Development - Quadico and Alkaram Distribution.

The device also approved the granting of a permanent license to produce electricity from solar energy for 25 years for the two companies A and F and Energy in the first phase of the nutrition tariff projects.