3. Orascom bags $100m contract to build 650MW power plant in Egypt

Orascom Construction has secured a $100m (EGP1.8bn) contract to build a power plant in Egypt.

Located in Walideya, the steam-turbine facility will have a capacity of 650MW.

The scope of Orascom’s contract includes the full civil works package for the project.

The contractor stated that the development’s proximity to its existing power plant project in Assuit will facilitate efficient mobilisation on the site.

Orascom is currently building power plants with a total capacity of 11,000MW, including the two largest gas-fired combined-cycle power plants (CCPPs) in the world.

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