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FinancialNews


  • 23-12-18

    Tunisian power sector to be backed in USD137m loan

    (MENAFN) The Tunisian power sector will be supported with around USD137 million of loans from the Islamic Development Bank following a deal with parliament.

    Tunisia, according to government sources, launched a plan to set up and upgrade 30 power-transmission stations which are forecast to double the generation of electricity in the country.

    The sources further assured that the project will fulfill electricity needs and strengthen high-voltage power lines by 210 kilometers.

    The loan was confirmed to be boosting the activities of the Tunisian Company of Electricity and Gas (STEG), joining hands in supplying electricity.

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