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| EUR 200 million loan for the Deir Azzour Power Plant in Syria The Facility for Euro-Mediterranean Investment and Partnership (FEMIP) is granting a EUR 200 million loan for the construction of the Deir Azzour Power Plant in Syria. The loan to the Syrian Arab Republic is for the construction of a 750 MWe natural gas-fired combined cycle power plant located near the town of Deir Azzour on the Euphrates river in eastern Syria. The project will be implemented and managed by the Electricity Generation and Transmission Company (PEEGT). This is the second operation signed in Syria for electricity generation, after the EUR 200 million loan signed in November 2004 for the construction of the Deir Ali Power Plant located near Damascus, and the fourth overall in the Syrian electricity sector over the last six years. write your comments about the article :: © 2005 Construction News :: home page |