Latest in Tag: EEHC Highlight

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Latest in Tag: EEHC

EEHC postpones signing Oyoun Moussa coal plant contracts

Another reason is also the difficulty of establishing a special port to receive coal for the project in the region of Oyoun Moussa, as the water there is very shallow, which requires the construction of the port deeper inside the water, which would raise the total cost of the plant.

Daily News Egypt

EEHC agrees with EximBank to finance PSH project with $2.6bn

The Egyptian Electricity Holding Company has agreed with the Export-Import Bank of China (EximBank) Ito finance a 2,400MW pumped-storage hydroelectricity (PSH) project with $2.6bn loan. A high-profile source in the Ministry of Electricity told Daily News Egypt that ongoing negotiations with the Chinese bank over the loan’s interest rate, repayment period, and grace period will …

Mohamed Farag

Credit Suisse, HSBC reportedly arranging $700m loan for EEHC

HSBC and Credit Suisse are reportedly arranging a syndicated loan of up $700m for the Egyptian Electricity Holding Company (EEHC), Reuters reported on Wednesday. According to the news agency’s sources, the loan, which may involve other banks, will be guaranteed by the Finance Ministry. It will have a grace period of five years, and is …

Mohamed Samir