Orascom Construction, an Egyptian engineering and construction company, has won a $100m contract to construct a steam turbine power plant in Egypt.
The steam-turbine facility, which will be located in Walideya, will have a capacity of 650MW. The scope of Orascom’s contract includes the full civil works for the project.
The project’s proximity to Orascom’s existing power project in Assiut will facilitate efficient mobilization to site.
Orascom is currently building power plants with a total capacity of 11,000MW, including the two largest gas-fired combined cycle power plants in the world.
Orascom continues to demonstrate its ability to set new global benchmarks in the fast-track execution of power projects, positioning the Group well for new opportunities in Egypt and the region.