Egypt - Ain Sokhna Power Project
	Available in: العربية
WASHINGTON, January 29, 2009 - The following project was approved today by the World Bank’s Board of Executive Directors: IBRD Loan: US$600 million TERMS: Maturity = 21 years; Grace= 6 years Project Description: The project will provide support to the Government of Egypt to (i) help ensure continuous electricity supply in a sustainable manner through investment in new generation capacity; and (ii) improve the sector’s financial sustainability by providing technical assistance to the Egyptian Electricity Holding Company (EEHC) to support adjustments to electricity tariffs. Media Contact Dina El Naggar (202) 473-3245 delnaggar@worldbank.org For project documents, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P100047