Arab Finance: The four main Egyptian mobile network operators, namely Vodafone, Orange, Etisalat, and WE, have signed power purchase agreements (PPAs) with the New and Renewable Energy Authority (NREA) to run on clean energy, the Cabinet stated on June 7th.
Under the deals, the operators will buy power generated from NREA’s stations.
In related news, several electricity interconnection contracts were signed between NREA, the Egyptian Electricity Transmission Company (EETC), and Egyptian Electricity Holding Company (EEHC), the Cabinet’s statement added.