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- El Kuriemat Power Plant Project
El Kuriemat Power Plant Project
Egypt
| Borrower | Egypt |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Energy |
| Approved | 21.09.2004 |
| Signed | 12.01.2005 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Executing Agency | Egyptian Electric Holding Company(EEHC) |
| Co-financiers | EIB, Government |
| OPEC Fund Contribution (US$m) | 18.00 |
| Total Project Cost (US$m) | 276.80 |
This loan will help finance re-commissioning of Egypt’s Kuriemat Power Plant, which is situated on the eastern bank of the River Nile, some 60 km south of Cairo. The project will construct a new combined cycle power plant with a 750 MW generating capacity. In addition, a water treatment system and wastewater treatment plant will be built, and all related mechanical and electrical works completed. OFID’s loan will specifically co-finance procurement of a heat recovery steam generator package.