International
$420 million power plants revamp contract in Egypt for Orascom Construction
OC already completed Assiut and West Damietta power plants in record timing in Q3 2015. Both power plants are currently operational and have a combined capacity of 1,500 MW. Converting them into combined cycle is expected to increase capacity by approximately 50 per cent with no additional fuel intake.
This project further solidifies OC’s position as a leading power player in the region. The Group is currently building in Egypt the two largest power plants in the world with a capacity of 4,800 MW each, and in 2015 connected 2,000 MW to Egypt’s national grid at Assiut, West Damietta and 6th of October.
Osama Bishai, CEO of Orascom Construction, commented, “We are proud of our continued leadership in the development of Egypt’s power sector and are pleased to continue working on Assiut and West Damietta power plants following the milestones achieved at both sites. We look forward to further growth of our power business across our core markets as a contractor and a developer.”
-
News2 months agoAI Security Conference 2025 Hosted by Securado Highlights the Changing Cybersecurity Landscape
-
Insurance2 months agoSupporting Community Wellness: Liva Insurance Sponsors Muscat Marathon 2026 with Free Health Checkups
-
Interviews1 month agoEXCLUSIVE INTERVIEW: TLS Rebranding Marks Strategic Leap Toward Innovation, Sustainability & Growth
-
Insurance1 month agoLiva Insurance Supports Community Wellness Through “Experience Oman – Muscat Marathon 2026”
-
Dossier6 days agoDossier, 2026
-
Investment3 weeks agoLalan Inaugurates Its First Overseas Manufacturing Facility, Marking Sri Lanka’s First Investment in SOHAR Freezone
-
Banking & Finance7 days agoNational Finance Unveils Exclusive Ramadan Offers on Auto Financing
-
Banking & Finance1 month agoA New Platform for SME Growth: Oman Arab Bank Unveils Tumouhi

You must be logged in to post a comment Login