The Electricity Ministry is set to complete converting the El Shabab and West Damietta power plants to the combined cycle system in 2Q2017, EEHC Chairman Gaber El Dessouky told Al Mal. The power plants are 83% and 80% complete, respectively, he added. The total cost of the projects is around EGP 6 bn and is financed by the Islamic Development Bank, EBRD, the European Investment Bank, and the Saudi Fund for Development.

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