VOL. XLIII

No. 39

25-September-2000

EGYPT

Mubarak Inaugurates 640 MW Sidi Kerir Power Station Expansion

Egyptian President Hosni Mubarak has inaugurated the 640 mw expansion of the gas/oil-fired Sidi Kerir power station near Alexandria. The expansion, which cost E1,750mn ($498mn), is the first of several to be carried out in Egypt under Build, Own, Operate, and Transfer (BOOT) financing schemes. The Sidi Kerir 2 contract, awarded to InterGen in 1998, provided for the expansion of the existing Sidi...