Waste to Energy International (WTEI) fosters long-term relationships with its partners. Now, leveraging these long-term relationships, WTEI establishes the Consortium for Waste-to-Energy Projects in Egypt.
For over 10 years, WTEI has collaborated with OAK Group Holdings (OAK). The founder of OAK spent years in the Middle East and North Africa (MENA), bringing excellent industry experience. OAK provides financial development for the alternative energy industry.
3 years ago, WTEI started cooperation with Green Tech Egypt (GTE), a company active in Egypt. GTE constructed the first waste sorting facility in the country and has excellent local connections.
Following the demand to create a new waste-to-energy plant in Egypt, WTEI formed the Consortium with OAK and GTE. The Consortium for Waste-to-Energy projects in Egypt aims to invest, build, and operate at least one plant near Cairo. After that, the plant shall utilise 350,000 tons of municipal solid waste (MSW) per annum and produce 20-25 MW of electricity.
Consortium plans to erect the plant on Build-Own-Operate (BOO) basis, with 100% investments to the project. Due to our extensive connections with Gulf financial institutions, we offer a low annual interest rate.
Capabilities of the Consortium for waste-to-energy projects
A unique practical experience of WTEI will be used to bring the most up-to-date and efficient technology. A high level of efficiency allows the Consortium to offer a low tariff for the planned waste-to-energy plant.
As the project initiator in Egypt, GTE will leverage its excellent connections within the country to support the project. Additionally, knowledge of country-specific regulations reduces project risks and has a positive impact on internal costing.
Therefore, the Consortium can demonstrate excellent strength and ability to improve Egypt’s waste management system, providing investment, construction, and operation of a modern waste-to-energy plant.
