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West Delta Electricity receives $183m loan
- Egypt: Tuesday, October 13 - 2009 at 10:43
The Arab African International Bank has said that Egypt's state-owned West Delta Electricity Company has raised EGP1bn ($183m) in a syndicated loan to cover a finance gap at its Abu Qir power project, Reuters has reported. The power company has been building a power station for two years at Abu Qir, east of the northern coastal city of Alexandria.
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StaffTuesday, October 13 - 2009 at 10:43 UAE local time (GMT+4)
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