Aswan Dam the water saved is lost due to evaporation in Lake Nasser, the amount of water available for irrigation still increased by 22 km. Other estimates put evaporation from Lake Nasser at between 10 and 16 cubic km per year. The dam powers twelve generators each rated at , with a total of . Power generation began in 1967. When the High Dam first reached peak output it produced around half of Egypt's production of electric power (about 15 percent by 1998), and it gave most Egyptian villages the use of electricity for the first time. The High Dam has also
Aswan Dam support. Although Dulles believed that Nasser was only bluffing and that the USSR would not aid Nasser, he was wrong— the USSR promised Nasser a quantity of arms in exchange for a deferred payment of Egyptian grain and cotton. On 27 September 1955, Nasser announced an arms deal, with Czechoslovakia acting as a middleman for the Soviet support. Instead of attacking Nasser for turning to the Soviets, Dulles sought to improve relations with him. This explains the later offer of December 1955, in which the U.S. and Britain pledged $56 and $14 million respectively towards the construction of the dam.