The initiative aims to leverage the success and expertise gained from a project funded by the Korea Green Growth Trust Fund (KGGTF)
Al-Mashat confirmed Egypt's keenness to strengthen international partnerships with multilateral and bilateral development partners in the water sector based on state ownership and priorities
The energy axis in NWFE’s project aims to save about $1.2 billion annually that was spent on the fuel needed to operate thermal power plants
The European Bank of Reconstruction and Development (EBRD) recently reviewed a potential sovereign loan of up to €165 million to upgrade and reinforce Egypt’s electricity transmission grid
Hennerkes specifically mentioned the country's replacement of old power stations, with a capacity of 5 gigawatts, with renewable energy resources
