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Europe Daily Bulletin No. 8068

12 October 2001
Contents Publication in full By article 36 / 44
GENERAL NEWS / (eu) eu/eib
Loan for building power station in Egypt

Brussels, 11/10/2001 (Agence Europe) - The European Investment Bank (EIB) has announced that it is providing a EUR 150 million loan to the Egyptian Electricity Holding Company (EEHC) for the construction of a natural gas-fired combined cycle power station to the north of Cairo. Expected to commence commercial operation in 2005, the 650 MWe plant will use combined-cycle gas turbine technology, but can also use distillate fuel as emergency back-up. The Egyptian Natural Gas Company (GASCO) will...

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