Siemens, Hassan Allam awarded tender for New Capital control center
Siemens, Hassan Allam beat State Grid, Huawei in new capital control center tender: A Siemens-Hassan Allam consortium has been awarded the tender to construct an electricity control center in the new administrative capital, beating out Chinese state-owned utility company State Grid, tech giant Huawei, and Orascom Construction, Al Mal reports. The tender will see the […]
Egypt’s sovereign wealth fund looks to acquire 30% stake in Siemens plants
Egypt’s new sovereign wealth fund could take a 30% stake in Siemens-OC-Elsewedy power plants and place the rest with international investors. Sovereign wealth fund is looking to acquire a 30% stake in the Siemens / OC / Elsewedy power plants, the fund’s boss says, positioning the SWF’s interest in the three combined-cycle power plants in […]
President Sisi inaugurates three Siemens power plants
President Abdel Fatah al-Sisi arrived Tuesday in the New Administrative Capital to inaugurate four national megaprojects in the electricity sector. The projects include three giant power plants carried out by the German company, Siemens, in the New Administrative Capital, Beni Suef, and Burullus with a total capacity of 14400 megawatts, or about 50 percent of […]
Siemens: Final steam turbine for the Egypt Megaproject leaves Muelheim
The biggest comes for last – Final steam turbine for the Egypt Megaproject leaves Muelheim. 482 days ago Siemens started the shipment of its first H-class gas turbine for the Egypt Megaproject. The first component for the first power train at the Beni Suef facility left cold Berlin and was installed in sunny Egypt. Much […]
Siemens Megaproject: “First Fire” in Egypt – An achievement driven by cooperation and people
The Egypt Megaproject has reached a major milestone on time, even achieving a surplus of 10 percent (or 400 megawatts) over the promised generation capacity to be available within 18 months of the signing of the contract: The first twelve SGT5-8000H gas turbines located at the combined cycle power plants in Beni Suef, Burullus and New […]
Orascom: New Capital and Burullus Power Plants formally inaugurated
Orascom Construction Limited (NASDAQ Dubai: OC; EGX: ORAS) announces the formal inauguration of the first phase of New Capital and Burullus (pictured above) Power Plants, which will be the largest gas-fired combined cycle power plants in the world once complete. The ceremony was attended by German Chancellor Angela Merkel and Egyptian President Abdel Fattah El […]
Infographic: Siemens Egypt Megaproject – The power of a promise – 4.8 out of 14.4GW in 18 months!
• 4.8 gigawatts of power generation capacity already connected to grid. • 400 megawatts (or 10 percent) surplus through turnkey technology leadership. • New world record for fast-track power projects. • Excellent cooperation with local partners and authorities. (Source: Siemens AG)
Siemens celebrates major milestone in Egypt Megaproject
• Siemens reinforces its commitment to sustainable development of Egypt’s power sector. • Additionally, company partners with BMZ to support vocational and occupational training in Egypt: more than 5,500 Egyptians being trained. German Chancellor Angela Merkel and Egyptian President Abdel Fattah El-Sisi symbolically inaugurated the first phase of Siemens’ megaproject in Egypt today. The event […]
President Sisi, Chancellor Merkel witness Siemens Egypt megaproject inauguration
On March 2nd, 2017, Egyptian President Abdel Fattah El-Sisi, German Chancellor Angela Merkel, Siemens CEO Joe Kaeser and further high-ranking representatives witnessed the symbolic inauguration of the first phase of Siemens’ megaproject in Egypt. The event marked an important milestone towards the completion of the project, which will boost the country’s power generation capacity by […]
Siemens overdelivers on promise in Egypt Megaproject
Ahead of schedule in Egypt: Siemens connects 10 percent more power to the grid than contractually agreed upon. Together with its local Egyptian partners, Siemens is erecting three gas-fired combined cycle power plants, each with a capacity of 4.8 gigawatts, for a total combined capacity of 14.4 gigawatts. “We made a promise to Egypt and […]
