Decree-Law of the President of the Arab Republic of the Egypt No.203 of 2014 regarding the Stimulation of Producing Electricity from Renewable Energy Sources.

This Decree-Law consisting of 10 articles aims at encouraging the private sector to produce electricity from renewable energy sources. It provides for (i) governing power generation projects from renewable sources; and (ii) setting out the rules applicable to the allocation of land for such projects, the connection to the national grid, and sale of power generated from such projects in accordance with the feed-in tariff. The key project structures envisaged in art.2 are (i) projects which are tendered and operated by New and Renewable Energy Authority; (ii) projects which are tendered by the state owned Egyptian Electricity Transmission Company (ETC) according to the conditions and the prices contracted with the investors; (iii) projects established by private investors who sell the electricity generated by those projects to ETC on basis of the feed-in tariff (FiT) to be granted for 25 years for solar projects and 20 years for wind; and (iv) private investors entering into direct contracts with large consumers and being granted access to the grid.
The Decree establishes also that (i) the allocation of lands for the establishment of the projects takes place by means of usufruct right; (ii) producing or selling electric energy by renewable energy sources is prohibited without prior license from the Egyptian Electric Utility and Consumer protection Regulatory Agency, except for private use production or small capacity projects; and (iii) the licensed companies shall connect the plans of electricity production to their networks at the expense of the producer.