Arab Republic of Egypt

South Helwan Power Generating Station
Loan No: 571 Interest Rate: 3.0 %
Beneficiary: Upper Egypt Electricity Production Company Grace Period: 6 years
Project Cost: KD 590.6 million Maturity: 25 years
Amount of Loan: KD 55.0 million Repayment: 39 semi-annual installments
Date of Board Approval: 2012-03-29 First Installment: 6 years following the first disbursement
Date of Loan Agreement: 2012-03-29 Date of Loan Effectiveness: -

Objectives:

The project aims at satisfying the increasing demand for electric power and energy, by raising the installed power generation capacity in Upper Egypt by 1,950 MW. This will be accomplished by constructing a high thermal efficiency, super-critical steam power station, that runs on natural gas as primary fuel and on heavy fuel oil as the alternate fuel.

Description:

The project, which is expected to be completed in the fourth quarter of 2016, is located in the Giza Governate, about 115 km south of the city of Cairo and 200 m east of the Nile river, and far from densely populated areas. The project includes three 650 MW steam power generating units, each consisting of an outdoor super-critical steam generator, an indoor steam turbine, a power generator, a condenser, and accessories. The project consists of the following main components:

  1. Power Generating Units and Accessories: This includes the design, supply and installation of three power generating units, each consisting of a steam generator, a turbine, a power generator, a condenser, and their accessories.
  2. Heat Exchangers: This includes design, manufacture and supply of eight feed water heat exchangers, and supervision of their installations and commissioning.
  3. Water Treatment and Environmental Monitoring Systems: This includes acquisition and installation of water treatment systems and environmental pollution monitoring equipment.
  4. Critical Pipes and Valves: This includes the manufacturing and supply of critical pipes, valves, heat sensors, and all accessories.
  5. Transformers, Circuit Breakers, and Measurement and Control Systems: This includes design and supply of three 850 MVA power transformers and auxiliary transformers. It also includes the supply and installation of a 500 kV swithchyard and its accessories, along with the supply of medium and low voltage breakers, measurement, protection and control systems.
  6. Mechanical and Electrical Works: This includes the supply and installation of fire fighting systems, heat exchangers, pipes, pumps, heaters, and accessories. The electrical works include the supply and installation of battery systems, distribution boards, protection systems and UPS, in addition to the installation of major equipment consisting of transformers, MV and LV breakers, MCC and DCS.
  7. Civil Works: This includes carrying out civil works and erection of a tanks yard, in addition to site services.
  8. Consultancy Services and Insurance: This includes technical and consultancy services required for the project design and environmental impact study, preparation of tender documents, assistance in bid evaluation, contracting, and project supervision, in addition to project insurance.

Financing:

The Arab Fund’s loan covers about 9% of the total project cost. It is expected that Arab and international institutions will contribute to the financing of the project. The Egyptian Government will cover the remaining cost of the project and any additional cost that may arise.