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    Signature(s)

    Amount
    € 205,000,000
    Countries
    Sector(s)
    Egypt : € 205,000,000
    Energetyka : € 205,000,000
    Signature date(s)
    9/02/2014 : € 205,000,000
    Link to source

    Summary sheet

    Release date
    1 October 2013
    Status
    Reference
    Signed | 09/02/2014
    20130298
    Project name
    Promoter - financial intermediary
    EL SHABAB POWER PLANT
    EGYPTIAN ELECTRICITY HOLDING COMPANY (EEHC)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 205 million
    EUR 413 million
    Location
    Sector(s)
    Description
    Objectives

    Conversion of existing Open Cycle Gas Turbine power plant to Combined Cycle Gas Turbine power plant in El Shabab, increasing generating capacity from 1000MW to 1500MW.

    The project employs modern, commercially proven, combined-cycle power generation technology to increase the output and fuel efficiency of an existing power plant project. It is expected to contribute to meeting the increasing electricity demand at a competitive cost, with relatively low environmental impact.

    Environmental aspects
    Procurement

    Due to its size and technical characteristics, the project is not required to follow an EIA procedure; however, the EIA for the existing open-cycle power plant, carried out in 2010, will be reviewed during appraisal and any significant gaps in the previous assessment, as well as any social or environmental concerns raised by the conversion to combined-cycle operation, will be required to be addressed by the promoter to the Bank's satisfaction.

    The project will be required to be procured according to the Banks Guide to Procurement. The procurement process is ongoing.

    Comments

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    Link to source
    Summary sheet

    Disclaimer

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

    Documents

    Environmental and Social Data Sheet (ESDS) - EL SHABAB POWER PLANT
    Publication Date
    17 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    49477446
    Document Focus
    Environmental Information
    Project Number
    20130298
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - EL SHABAB POWER PLANT
    Publication Date
    30 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    136084676
    Document Focus
    Environmental Information
    Project Number
    20130298
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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