Cairo Electricity Production

  • Cairo Obtained $2.2m Loan for Power Plant

    Cairo Obtained $2.2m Loan for Power Plant

    Monday, 17th October 2016
    Cairo Electricity Production Company's CEO, Mohamed Mokhtar, stated that the company has finalized a loan of around $2.2m from HSBC bank at an interest rate of 3%. The amount will be used to fund the construction of 6th of October power plant.
  • Development of New Capital Power Plant is 30% Complete

    Development of New Capital Power Plant is 30% Complete

    Sunday, 21st August 2016
    Cairo Electricity Production's CEO, Mohamed Mokhtar, stated that progress is underway on the Egyptian New Capital's power plant, estimated to cost $2b in investments, with 30% of the project completed.