Cairo Electricity Production | Egypt Oil & Gas

Cairo Obtained $2.2m Loan for Power Plant

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 ...

Development of New Capital Power Plant is 30% Complete

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.

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