The Egyptian Electricity Holding Company (EEHC) has signed with UAE’s Al Nowais a final agreement to build the USD 4 bn coal-fired power plant in Oyoun Moussa in South Sinai, with construction scheduled to begin in 1Q2019. The project was first announced back in 2015, and experienced several stalls before all negotiations were ironed out. The plant is now expected to be completed by four years’ time.

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