Power Plant | Egypt Oil & Gas - Part 8
Iran to Bring $2.5 Bn Worth of Gas Power to Basra, Iraq
Iran is building a natural gas combined cycle power plant in Iraq’s Basra at a cost of $2.5 billion in the Persian country’s biggest engineering services deal yet. The project, being carried out by Iran’s MAPNA Group,...
Orascom’s 250MW Power Plant to Begin Operations
Egypt’s ongoing efforts to boost its energy capacity received an early Ramadan lift as the contractor Orascom Construction announced that it has completed the first phase of the West Damietta power plant two weeks ear...
Update-2 Siemens in Need of $917m Loan to Implement 3 Power Plants in Egypt
German Siemens seeks to obtain a fund worth EGP 7 billion (US$917.3million) from a group of banks working in the Egyptian market, a senior source told Amwal Al Ghad Monday. The fund will be dedicated to implement thre...
El Sewedy Electric to Invest $75m in a Solar Plant in Upper Egypt
Egyptian cable maker El Sewedy Electric said on Sunday it had entered into an agreement to develop a 50 megawatt solar energy power plant in the Upper Egypt region. El Sewedy formed the Egyptian Company for Solar Ener... Update-1 El Sewedy wins Part of Siemens’ $9bn Power plant
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 Germ...
Japanese Firms to Build $2.5 billion Qatari Gas Power Plant
Japan’s Mitsubishi Corp and Tokyo Electric Power Co (Tepco) said on Monday they had won a contract to build a 300 billion yen ($2.5 billion) gas-fired power plant in Qatar, as Japan steps up investment in infras...
Egypt to Launch a $500m Power Plant in Qaliyubia
Egypt has opened a 750 megawatt power plant in the northern outskirts of Cairo, the cabinet said on Tuesday, as the country tries to stave off power cuts that have plagued Egyptians’ lives and businesses in the ...
NBE and Banque Misr to Fund Power Plant
A new banking consortium, involving two of Egypt’s biggest public banks, the National Bank of Egypt (NBE) and Banque Misr, plans to secure a multi-billion Egyptian pound syndicated loan for a power plant in Red Sea, a...
