Egyptian gas-fired power plants to receive $420m upgrade

Orascom Construction has announced being awarded a $420m contract to revamp two Egyptian government-owned power stations.

The conversion of both into combined cycle gas-fired power plants is expected to boost their capacity by 50 per cent without requiring any extra fuel intake, according to a company statement.
Orascom Construction
The Cairo-based company was previously part of a consortium that built the Assiut and West Damietta plants in the third quarter of 2015. The plants, which are operational and have a combined capacity of 1,500 MW, will now be converted to a so-called combined cycle from a simple cycle.

Orascom will carry out the engineering, procurement and construction for the plants, and is also arranging the financing for the deal.

Last month, Egypt’s energy minister Mohamed Shaker said that it expects to add 2,500-3,000 MW of power to its grid this year in a bid to resolve capacity issues in the country.

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