Egyptian cable company El Sewedy Electric announced it had won a 785m euro portion of a 2 billion euro ($2.27 billion) deal to build a combined cycle power plant in Beni Suef, south of Cairo, in a consortium with Germany’s Siemens.

The plant will use Siemens’s H-class gas turbines. Siemens said on Wednesday it signed an 8 billion euro deal ($9 billion) with Egypt to supply gas and wind power plants to boost the North African country’s electricity generation by 50 percent.

Source: Ahram