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29 Jul
14:55

Egypt inks new green fuels investment agreement

India's ReNew Power Private Limited has signed a memorandum of understanding (MOU) in Egypt with several entities to initiate a feasibility study to establish a plant for producing green hydrogen and ammonia, with an investment cost estimated at $8 billion. The General Authority for the Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC), and the New and Renewable E…
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