Al-Khayyat: Sending a draft regulation to merge the Water Stations Authority with the new energy to the state Council for overview in instruction for approval within days

 the call of the winner of the solar power plant project in Zafarana was introduced, from a chinese agency to a Belgian enterprise 

ALNuwais started measures to make measurements of the wind and solar initiatives 

  Walid.Bahnasawy

dr. Mohamed Al-Khayyat, CEO of the brand new and Renewable energy Authority, stated that the technical and economic assessment of a mission with a capacity of fifty megawatts of solar electricity has been completed on the Zaafarana website online and showed that a letter of no-objection is being received from the German improvement financial institution funded and he anticipated to announce the name of the winning corporation inside 10 days at the top day’s.

Al-Khayyat indicated that competition for the project became constrained between two organizations, one chinese and the opposite Belgian, explaining that the cost of the project amounted to approximately $ 40 million. emphasised that the loan compensation duration ranges between 15 to 20 years, and the average interest fee is approximately 2% And on the draft law at the merger and transfer of the property of the Water Stations Authority to the brand new and Renewed energy Authority,

Dr. Al-Khayyat said that the draft law turned into made and changed into supplied to the Council of Ministers and after that it’s far despatched in criminal formulation to the country Council for assessment to be presented to the house of Representatives in instruction for ratification with the aid of the President of the Republic for approval.

Al-Khayyat defined that this decision will make the water stations and renewable energy projects work underneath one umbrella, and at the projects of Al-Nowais group, he stated that the organization will begin making the necessary measurements for a duration of 15 months.