Deadlock over Shikalbaha power plant goes

The deadlock over the funding of Shikalbaha 225 MW Combined Cycle Dual Fuel (Gas & FO) Power Plant project is now over as the Kuwait Fund for Arab Economic Development (KFAED), one of the four major co-financiers of the project, have issued their concurrence to the government.
Following the concurrence from KFAED, the government has recently received the concurrence from another co-financier of the project Abu Dhabi Fund for Development (ADFD) on the TEC Financial Evaluation Report for the Shikalbaha 225 MW Dual Fuel (Gas & FO) Combined Cycle Power Plant project.
The Economic Relations Division (ERD) of the Finance Ministry stated in a recent letter to the ADFD that the construction work on the Shikalbaha project would start in September next, according to a news agency.