VOL. XLV
No 38
23-September-2002
KUWAT
KFAED And Bahrain Sign $49Mn Loan For al-Hidd Power Station
The Kuwait Fund for Arab Economic Development (KFAED) andBahrain signed a loan on 9 September for KD15mn ($49mn) to help finance thePhase II 700mw expansion project for the al-Hiddpower station and its electricity transmission network. The loan carries aninterest rate of 3.5% over 20 years with a five-year grace period. The grantelement of the loan is 43.46%. Bahrain痴 Ministry of Finance and...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!