EEHC to borrow USD 93.8 mn from JICA to fund distribution plant control systems

The Egyptian Electricity Holding Company (EEHC) signed a USD 93.8 mn loan agreement with the Japanese International Cooperation Agency (JICA) to fund the purchase of control systems for the Alexandria, North Delta, and North Cairo electricity distribution companies, EEHC sources tell Al Borsa. The first installment of the 30-year loan will be disbursed next week.