Though much has changed in Egypt over the last few months, some things remains the same. In the energy sector, a proposal from the state-owned Egyptian utility for new power plants is still moving forward in the World Bank.
The Egyptian Electricity Holdings Company (EEHC) and the Egyptian Natural Gas Company (GASCO) have requested from the World Bank financing for a third 750 MW combined cycle gas power plant at the existing Giza North Power Plant that already has two large 750 MW electrical generation units. The proposed construction will also include a 105 kilometer gas pipeline that will connect to the plant for steady supply and two single circuit 500 kV overhead transmission lines, each approximately 25 kilometers in length, that will be upgraded from its current 220 kV design. Keep reading →