{"id":623192,"date":"2018-10-24T04:12:47","date_gmt":"2018-10-24T04:12:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/egypt-shanghai-electric-to-finalize-financing-talks-over-usd-4-4-power-plant-next-week\/"},"modified":"2018-10-24T04:12:47","modified_gmt":"2018-10-24T04:12:47","slug":"egypt-shanghai-electric-to-finalize-financing-talks-over-usd-4-4-power-plant-next-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/egypt-shanghai-electric-to-finalize-financing-talks-over-usd-4-4-power-plant-next-week\/","title":{"rendered":"Egypt, Shanghai Electric to finalize financing talks over USD 4.4 power plant next week"},"content":{"rendered":"

The Egyptian Electricity Holding Company (EEHC) will meet with China\u2019s Shanghai Electric next week to finalize financing agreements for the USD 4.4 bn, 6 GW-capacity Hamrawein \u201cclean coal\u201d power plant, sources close to the matter said<\/a>. While the China Development Bank (CDB) has made a financing offer, the EEHC is reportedly not happy with the terms and still and interest rates laid out in the offer. Once funding from the CDB is secured, however, the EEHC plans to take out another syndicated loan from the National Bank of Egypt (NBE) and CIB to finance the project, sources added. Shanghai Electric leads a consortium made up of Hassan Allam Holding and Dongfang Electric, which signed the EPC contracts for the project during President Abdel Fattah El Sisi\u2019s visit to China last month<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian Electricity Holding Company (EEHC) will meet with China\u2019s Shanghai Electric next week to finalize financing agreements for the USD 4.4 bn, 6 GW-capacity Hamrawein \u201cclean coal\u201d power plant, sources close to the matter said. While the China Development Bank (CDB) has made a financing offer, the EEHC is reportedly not happy with the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[9422,240,1141,1401,93,72,9421],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623192","post","type-post","status-publish","format-standard","hentry","category-energy","tag-china-development-bank","tag-cib","tag-coal","tag-egyptian-electricity-holding-company","tag-energy","tag-enterpriseam","tag-hamrawein","wpautop","entry"],"acf":{"mongo_id":"529d7dd4-891e-4b38-83ee-813027eabacd","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Egypt, Shanghai Electric to finalize financing talks over USD 4.4 power plant next week","related_issue":[623167],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.8994031c-1851-4b71-9015-4e3ea5507e82.mp3"},"yoast_head":"\nEgypt, Shanghai Electric to finalize financing talks over USD 4.4 power plant next week - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/egypt-shanghai-electric-to-finalize-financing-talks-over-usd-4-4-power-plant-next-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt, Shanghai Electric to finalize financing talks over USD 4.4 power plant next week\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Electricity Holding Company (EEHC) will meet with China\u2019s Shanghai Electric next week to finalize financing agreements for the USD 4.4 bn, 6 GW-capacity Hamrawein \u201cclean coal\u201d power plant, sources close to the matter said. 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CDB is\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600752,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc\/","url_meta":{"origin":623192,"position":1},"title":"China Development Bank offers USD 3.7 bn in financing to Egypt\u2019s EEHC","author":"enterpriseam admin","date":"10 February 2019","format":false,"excerpt":"BANKING WATCH- The China Development Bank is offering USD 3.7 bn in financing to the Egyptian Electricity Holding Company for the construction of the 6 GW Hamrawein \u2018clean coal\u2019 power plant, unnamed sources told the domestic press. Construction of the plant was awarded to a consortium of Chinese companies and\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628060,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/chinese-consortium-lands-hamrawein-coal-plant-tender\/","url_meta":{"origin":623192,"position":2},"title":"Chinese consortium lands Hamrawein coal plant tender","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"The Egyptian Electricity Holding Company (EEHC) awarded a Shanghai Electric-Dong Fang-Hassan Allam consortium the tender for the 6 GW Hamrawein \u201cclean coal\u201d power plant, Al Ahram reports. The consortium, which edged out an Orascom Construction-Elsewedy Electric-Mitsubishi Hitachi consortium and GE, had reportedly presented the lowest offer for the construction of\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621294,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/madbouly-meets-with-chinese-companies-in-shanghai-attends-chinas-ciie\/","url_meta":{"origin":623192,"position":3},"title":"Madbouly meets with Chinese companies in Shanghai, attends China\u2019s CIIE","author":"enterpriseam admin","date":"5 November 2018","format":false,"excerpt":"Madbouly meets in Shanghai with companies taking part in national infrastructure projects: Prime Minister Moustafa Madbouly held talks yesterday with senior executives from Shanghai Electric and Dong Fang, the two Chinese energy companies building the USD 4.4 bn, 6 GW Hamrawein \u201cclean coal\u201d power plant, according to a Cabinet statement.\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601092,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/final-contracts-for-egypts-hamrawein-coal-project-to-be-signed-mid-2019\/","url_meta":{"origin":623192,"position":4},"title":"Final contracts for Egypt\u2019s Hamrawein coal project to be signed mid-2019","author":"enterpriseam admin","date":"19 February 2019","format":false,"excerpt":"Final contracts for Hamrawein \u2018clean coal\u2019 project to be signed mid-2019: The Chinese company constructing the 6 GW Hamrawein \u2018clean coal\u2019 power plant aims to sign final contracts with Egypt by mid-2019, said Han Bing, minister-counsellor for commercial Affairs at the Chinese embassy in Cairo. Bing said negotiations between the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627144,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/eehc-to-sign-final-contracts-for-hamrawein-coal-power-plant-in-september\/","url_meta":{"origin":623192,"position":5},"title":"EEHC to sign final contracts for Hamrawein coal power plant in September","author":"enterpriseam admin","date":"24 July 2018","format":false,"excerpt":"Hassan Allam to sign final contracts for Hamrawein coal power plant in September: In other Hassan Allam news, a consortium made up of Hassan Allam Construction, and China\u2019s Shanghai Electric and Dongfang Electric will reportedly sign in September the final contracts for the 6 GW Hamrawein \u2018clean coal\u2019 power plant\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=623192"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623192\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/623167"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=623192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=623192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=623192"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=623192"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=623192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}