The local Orascom Construction has been awarded a $100m contract to build a 650MW steam turbine power plant in Walideya, Egypt.

Orascom will provide full civil works for the construction of the plant. The plant will be located close to the Assiut power plant, which Orascom is currently executing.

In January 2016, MEED reported that Orascom had been awarded a $420m contract to convert the Assiut and West Damietta power plants to combined-cycle plants.

Orascom was one of the contractors on the first phase of both power plants, which were both completed in 2015. The Assiut plant currently has a capacity of 1,000MW, with the West Damietta plant currently producing up to 500MW.

The conversion to combined-cycle should boost the capacity of each plant by 50 per cent.

 Outlook Egypt 2017 report

Outlook Egypt 2017 report

Outlook Egypt 2017 report

MEED’s latest insight report – Outlook Egypt 2017 – identifies the main investment opportunities in the core sectors of the economy: energy; industry; power and water; construction; and transport. It explains how the sectors are structured, details key government bodies and sets out the main projects that are planned or under way. Buy it here