IBRD Loan: US$240 million
Terms: Maturity = 28.5 years Grace = 7 years
Project ID: P116198
Project Description: This project is part of a broader program which aims to help the country meet growing electricity demand and ensure reliable, efficient, and sustainable power to Egypt during this period of political and economic reform. The project is the most effective way to strengthen the ability of the power sector to fill the gap in the electricity supply and serve more than five million households.