German JV takes Deir Ali combined cycle

16 September 2005
A German joint venture of Siemensand Kochhas been awarded the $522 million engineering, procurement and construction (EPC) contract to build the 750-MW combined cycle power plant at Deir Ali. The client is the Public Establishment of Electricity for Generation & Transmission (PEEGT).

The estimated 30-month contract calls for the supply and installation of two 250-MW gas turbines and a 250-MW steam turbine. Work on the project is due to start before the end of September. The European Investment Bank (EIB) is providing Eur 200 million ($263 million) and Kuwait-based Arab Fund for Economic & Social Development (AFESD) is extending $100 million towards the cost of the project.

PEEGT's capital works programme for 2005 also includes the construction of a 750-MW combined cycle plant at Deir al-Zor. Three bids were received for the EPC contract in late February from the Siemens/Koch joint venture, Canada's SNC Lavalinand a Spanish/Polish joint venture of Iberdrolaand Alstom Poland. PEEGT expects to award the estimated $400 million contract at the end of October. The project is being financed by Tokyo and AFESD (MEED 11:3:05).

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications