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KUREIMAT POWER PROJE

Abstract*

The Kureimat Power Project will assist the Egyptian Electricity Authority (EEA) in: (a) alleviating power shortages; (b) improving the growing demand for electricity; (c) improving the efficiency and reliability of the EEA interconnected system; (d) strengthening the EEA finanical position; and (e) improving the technical and managerial skills of EEA staff. The project consists of: (a) the supply and installation of a dual fuel-fired thermal power...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

DEVELOPMENT OF DOMESTIC ENERGY SUPPLIES THROUGH POWER SECTORDEVELOPMENT. THE PROJECT CONSISTS OF: (I) SUPPLY AND INSTALLATION OFA 1200 MW THERMAL POWER STATION; (II) GAS PIPELINE; (III) TRANSMISSIONLINES AND SUBSTITUTION; AND (IV) TECHNICAL ASSISTANCE.

Key Details

Project Details

  • P005109

  • Closed

  • Kashinath Sheorey

  • N/A

  • Egypt, Arab Republic of

  • March 5, 1992

  • (as of board presentation)

    March 5, 1992

  • September 1, 1992

  • US$ 938.80 million

  • A

  • Not Applicable

  • June 30, 1999

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
SAUDI ARABIA: Saudi Fund for Development 50.00
International Bank for Reconstruction and Development 220.00
African Development Bank 350.00
US: Agency for International Development (USAID) 193.80
Arab Fund for Economic and Social Development 125.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 220.00
IDA Commitment N/A
IBRD + IDA Commitment 220.00
Lending Instrument
Grant Amount 718.80
Total Project Cost** 1260.90

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 5, 1992 IBRD-34410 Loan Commitment 220,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-30-1997PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceUnsatisfactoryN/a
Government PerformanceUnsatisfactoryN/a
Implementing AgencyNot RatedN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.