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English news

11-Feb-2016

Egypt to sign four MoUs, three loan agreement with Japan during El Sisi visit, USD8 billion for three power plants

The Ministry of Electricity and Renewable Energy plans on signing four MoUs, three loan agreement with Japan during President El Sisi’s visit later this month, according to a reliable Ministry source speaking to Al Borsa. The Ministry plans on signing  four MoUs with USD8 billion investment cost and will include the development of two coal-powered stations, a combined cycle power station and an agreement for coal supply.(Al Borsa)

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