30 Million L.E to Finance Helwan Power Station ProjectSource: www.export-egypt.com 3/12/2012, Location: Africa |
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Media reports have predicted that the Energy Sector will sign next week with KFESD - Kuwaiti Fund for Economic and Social Development a KD 30 million soft loan to partly finance Helwan 2,000 MW power station project. Total estimated project costs are put at L.E. 14 billion. Meanwhile, the Sector is also expecting a visit of the World Bank to finalize another $ 340 million soft loan for the same project.
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