WB Backs $600Mn Power Project
The 1.95gw Helwan South gas-fired power plant to be built 100km south of Cairo at a cost of $585.4mn has been approved by the World Bank. Helwan South will contribute 10% of planned 2013-18 Egypt power capacity additions and help provide a more reliable supply of electricity.
Egyptian electricity demand is rising rapidly because of population growth, the development of energy-intensive industries and growing use of...