Recently, the Egyptian electricity and renewable energy received from the construction of a power plant of China railway offer proposal.
The factory will be through a combined cycle system operation, and a power generation capacity of 2000 megawatts (MW), which is expected to cost $2.2 billion.
China railway company representative Mohsen, Daly said, "general contracting and financing" by global investment system (EPC + Finance), the company is trying to bring the latest technology for power plant.
The system includes engineering, procurement, and construction, and also from the international financial institutions or the export-import bank of China to ensure that the necessary investment.
Al - Daly told the daily news Egypt, that China railway is going to prepare a complete file submitted to the ministry of Egypt.
The file will include a technical and economic feasibility study, project financing mechanism, repayment method, and cost of power generation.
China's railway has rich experience in the construction of power plants, and power cables, and the total capacity of the project is 1200 MW to 3000 MW.
Next year, China plans to invest $4 billion in the Egypt market, to participate in the new capital projects, namely the city on October 6, sheik Zayed and Giza province between building a monorail, as well as a conventional power plants