{"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. While the China Development Bank (CDB) has made a financing offer, the EEHC is reportedly not happy with the […]\" \/>\n<meta property=\"og:url\" content=\"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:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-24T04:12:47+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/egypt-shanghai-electric-to-finalize-financing-talks-over-usd-4-4-power-plant-next-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/egypt-shanghai-electric-to-finalize-financing-talks-over-usd-4-4-power-plant-next-week\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt, Shanghai Electric to finalize financing talks over USD 4.4 power plant next week\",\"datePublished\":\"2018-10-24T04:12:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/egypt-shanghai-electric-to-finalize-financing-talks-over-usd-4-4-power-plant-next-week\/\"},\"wordCount\":144,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"China Development Bank\",\"CIB\",\"coal\",\"Egyptian Electricity Holding Company\",\"energy\",\"EnterpriseAM\",\"Hamrawein\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/egypt-shanghai-electric-to-finalize-financing-talks-over-usd-4-4-power-plant-next-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/egypt-shanghai-electric-to-finalize-financing-talks-over-usd-4-4-power-plant-next-week\/\",\"name\":\"Egypt, Shanghai Electric to finalize financing talks over USD 4.4 power plant next week - 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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":632596,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/eehc-receives-three-financial-offers-for-usd-8-bn-hamrawein-power-plant\/","url_meta":{"origin":623192,"position":3},"title":"EEHC receives three financial offers for USD 8 bn Hamrawein power plant","author":"enterpriseam admin","date":"14 February 2018","format":false,"excerpt":"The Egyptian Electricity Holding Company (EEHC) has received financial offers from three consortia \u2014 General Electric-Harbin Electric, Mitsubishi-Hitachi, and Shanghai Electric-Dong Fang \u2014 for the USD 8 bn, 6 GW Hamrawein \u201cclean coal\u201d plant, unnamed Electricity Ministry sources tell Al Mal. The EEHC will reportedly begin looking into the offers\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":637366,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/eehc-sets-26-november-deadline-to-submit-offers-for-usd-8-bn-hamrawein-power-plant\/","url_meta":{"origin":623192,"position":4},"title":"EEHC sets 26 November deadline to submit offers for USD 8 bn Hamrawein power plant","author":"enterpriseam admin","date":"14 November 2017","format":false,"excerpt":"The Egyptian Electricity Holding Company (EEHC) has set 26 November as the deadline for companies to submit offers for the USD 8 bn Hamrawein \u201cclean coal\u201d power plant, EEHC sources tell Al Borsa. Three consortia \u2014 Shanghai Electric-Dong Fang, General Electric-Harbin Electric, and Mitsubishi-Marubeni-Elsewedy \u2014 have qualified for the project,\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":637903,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/28\/eehc-receives-three-offers-for-usd-8-bn-hamrawein-power-plant\/","url_meta":{"origin":623192,"position":5},"title":"EEHC receives three offers for USD 8 bn Hamrawein power plant","author":"enterpriseam admin","date":"28 November 2017","format":false,"excerpt":"The Egyptian Electricity Holding Company (EEHC) received on Sunday offers from three consortia \u2014 General Electric-Harbin Electric, Mitsubishi-Hitachi, and Shanghai Electric-Dong Fang for the USD 8 bn, 6 GW Hamrawein \u201cclean coal\u201d plant, Al Borsa reports. The EEHC will work with Belgian consultancy firm Tractebel to assess the offers and\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":[]}],"_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}]}}