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West Cairo power station to receive expansion $100 million loan

  • 10 years ago (2015-11-26)
Middle East 368

The project is expected to be completed in the fourth quarter of 2019. It is also financed by a $98 million loan from the Kuwait Fund for Arab Economic Development.

WBE (World Battery and Energy Storage Expo) 2026
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WBE (World Battery and Energy Storage Expo) 2026

Abdel Fattah Al-Sisi, the Egyptian President, has already approved the prospective loan agreement with Saudi Arabia, in decree No. 93/2015.