ARAB NETWORK – The ministry and the WB have recently signed an agreement to finance a 1,500-megawatt North Giza power plant with 600 million dollars. The WB also offered 220 million dollars to fund a project on developing the national power grid, Younis said. The WB will also offer 270 million dollars in contribution to a 100-megawatt solar power plant in Kom Ombo, including 100 million dollars offered by the WB’s Clean Development Mechanism (CDM) and a 170-million-dollar loan by the WB, he said. Read More
