Bahrain - Loan agreed for a 220 kV transmission development project - 0 views
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Panos Kotseras on 05 Oct 10The Kuwait Fund for Arab Economic Development (KFAED) will provide a loan to Bahrain's National Electricity and Water Authority to finance a 220 kV transmission development project. Funds will amount to KWD15M (US$52.8M) whilst the project aims to reinforce Bahrain's power grid. The project envisages the construction of ten 220 kV substations, and laying 515 km of 220 kV underground power cable. The project is expected to be completed by the end of 2012; it is anticipated that total investment will reach US$657.8M.