Assiut Power Station (Generating 650 MW)
Development Partner(s)
Kuwait Fund for Arab Economic Development, Arab Fund for Economic and Social Development, Islamic Development Bank, OPEC Fund for International Development
BENEFICIARIES
Ministry of Electricity and Renewable Energy
AMOUNT
462.62
CURRENCY
USD
SECTOR(S)
Energy
TYPE OF FINANCE :
Loan
SIGNATURE DATE :
2022-02-10
Objective
Providing energy for agricultural and tourism development projects in Upper Egypt, meeting the increasing demand for electric power and energy, contributing to economic development, and raising the standard of living and development rates. In addition to improving the financial sustainability of the electricity sector.
Locations
Asyut