Elsewedy Electric, the leading integrated energy solution provider in the Middle East and Africa, is all set to complete the feasibility study for establishing a coal-fired power plant in Egypt in December, Daily News Egypt informed. The study will be conducted in partnership with Japan’s Marubeni Corporation based on a memorandum of understanding signed in March 2016.
The megacorp is due to submit all the project’s financial and technical data to the Egyptian Electricity Minister in early 2017. According to Trade Arabia, CEO of Elsewedy Electric group, Ahmed Elsewedy, has announced that the total cost of the project would be announced after completing the feasibility study, adding that there are no problems facing the project’s funding to date.
According to Elsewedy Electric’s website, the power plant will be located on the Mediterranean cost, west of Marsa Matrouh. The project will be built in two phases, each with a capacity of 2,000 MW and the industrial facility will desalinate approximately 360,000cm/d of water.
In this gigantic project, Elsewedy Electric aims to mix the Japanese expertise in utilizing ultra-super critical clean coal technology with the company’s expertise in designing, supplying, and installing all the complementary systems, wrote World Coal, in order to bring this project to reality and contribute in resolving problems along with the Egyptian government.