The Senate approved on Monday an amendment to the renewable energy bill, stipulating a zero tax rate on green energy items, in a session chaired by Senate President Abdel Raouf Rawabdeh.
The amendment was approved in the same form as referred by the Lower House.
The law aims at regulating the renewable energy industry in the Kingdom, in terms of tenders for investment and existing projects in the field.
The law also facilitates the licensing requirements for the renewable energy projects in addition to granting them incentives and approvals in line with the national energy strategy.
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Egypt can generate up to 53% of power sources by 2050Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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