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Giza North Power Plant

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Giza North Power Plant

  •  Reference: 20100121
  •  Release date: 26 April 2010
Promoter – Financial Intermediary

Egyptian Electricity Holding Company and subsidiaries.

Location
  • Egypt
  • The project is situated at a new site some 30km northwest of Cairo
Description

The project concerns the construction of a 1 500 MW gas-fired combined-cycle plant.

Objectives

The project is expected to contribute to meeting growing electricity demand with a lower environmental impact than other fossil fuel based alternatives.

Comments
 
Sector(s)
Proposed EIB finance (Approximate amount)

EUR 300 million.

Total cost (Approximate amount)

EUR 1 000 million.

Environmental aspects

Due to its size and technical characteristics the project requires an Environmental Impact Assessment (EIA) under EIB Guidelines. The EIA process is ongoing and it is expected to be finalised in spring 2010.

Procurement

The project is required to be procured in compliance with the Bank’s Guide to Procurement. The procurement process is commencing.

Status

Signed   -   24/10/2010.

Related Documents
  • 20-10-2011 - Environmental and Social Impact Assessment (ESIA) - gas pipeline EN
  • 28-04-2010 - Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) EN
  • 03-05-2012 - Environmental and Social Impact Assessment (ESIA) - Nubaria-Methama Natural Gas Pipeline EN
  • 03-05-2012 - Environmental and Social Impact Assessment (ESIA) - Giza North Power C.C. 3*750 MW Interconnections Project EN

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).



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