Siemens | Egypt Oil & Gas - Part 7
Siemens Added 400MW to Egypt’s Power Grid
German Siemens started running first production unit at its Beni Suef power plant with capacity of 400MW.
Damanhour Power Project Pushed to 2022/2027
The Egyptian Ministry of Electricity has decided to defer the Damanhour power plant project to its 2022/2027 five-year plan, and accordingly it will delay issuing related tenders.
Egypt Boosted Siemens’ Profits
Germany's Siemens stated that it had boosted its net profit in the quarter ending September by 18%. This increase came from Siemens' large power plants in Egypt.
Egypt Boosted Power Transmission
The Egyptian Ministry of Electricity has spent around $238m on enhancing power transformer stations to support Egypt’s electricity distribution network in preparation for the addition of three new power plants.
Siemens to Start Power Plant Trails
Siemens plans to complete trial runs for 11 units at its three Egyptian power plants located in Burullus, Beni Suef, and the New Capital by the end of November, early December.
Egypt to Boost Renewable Energy by 20%
The Egyptian New and Renewable Energy Authority's (NREA) Chairman, Mohamed El Sobky, stated by 2022 Egypt would have increased power production from renewable resource by 20%.
Burullus Started Trial Power Production
A source with the Egyptian government stated that Germany's Siemens will start trails in Burullus power plant in late mid-October. Egyptian Ministry of Electricity will provide the power plant with 500KW from Abu Qir ...
Egypt Paid $2.35b to Siemens
The Egyptian Ministry of Electricity paid $2.35b to Germany's Siemens for construction work in addition to providing turbines and equipment for Burullus power plant, Beni Suef Power Plant, and New Capital Power Plant.
