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‘IDB’ Allocates EGP 1.4 bn for West Damietta Power Plant

Source: www.export-egypt.com 2/17/2014, Location: Africa

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The Islamic Development Bank (IDB) will offer 1.4 billion Egyptian pounds to finance the project of upgrading West Damietta power plant, Electricity Minister Ahmed Imam said on 16/2/2014.

The upgrading operation comes within the framework of the ministry’s efforts to implement its energy expansion plan, which aims at increasing power production, he added.

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