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.”
-
Artificial Intelligence2 months agoTop 5 Interesting Things AI Did This Month – September 2026 Edition
-
Economy1 month agoOER Magazine September Edition 2026
-
Fashion1 month agoLuxury Watches That Could Appreciate Over the Next Decade [2026 Auction Buyer Guide]
-
Alamaliktistaad Magazines1 month agoAlam Al-Iktisaad Magazine September 2026 Edition
-
Banking & Finance2 months agoINVESTIGATION: What If You Bought Apple Stock Every Time You Bought an iPhone?
-
Artificial Intelligence2 months agoWhat the World’s Top 10 Tech CEOs Really Earn
-
Featured2 months agoOPINION: The Sultan Haitham City Residency Rule Most Buyers Don’t Know About
-
Construction1 month agoSAH wins double honours at Dossier Construction Awards & Summit 2026

You must be logged in to post a comment Login