Latest in Tag: NREA Highlight

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Latest in Tag: NREA


offshore windmill farm largest.n

NREA, Lekela sign usufruct agreement to establish wind farm

The New and Renewable Energy Authority (NREA) has signed a usufruct agreement with Lekela Power to launch a wind farm with 250MW capacity in Suez governorate. Chairperson of the NREA, Mohamed El Khayat, told Daily News Egypt that the company has received the land allocated for the project upon a usufruct agreement signed in Suez …

Mohamed Farag

Yasser El Shazly

NREA should be separated from Electricity Ministry: CES founder

The government’s plan to turn Egypt into a regional energy hub is a good initiative, but needs two things,  first enhancing the electricity grid with more substations to be able add more renewable energy projects, the second thing is having a clear regulatory framework to attract more investors to the local market and that can …

Ahmed Lamloum

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NREA pays EGP 180m of debt to NIB

The New and Renewable Energy Authority (NREA) paid EGP 180m of its EGP 3bn debt to the National Investment Bank. Mohamed El-Khayat, head of the NREA, told Daily News Egypt that debts have been accumulating since 2007 and repayment was agreed to be rescheduled over 10 years starting this year. The NREA has thus paid …

Mohamed Farag