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Tag: Orascom Construction

Engie-Orascom-Toyota win contract for 250 MW wind farm in Ras Gharib

Posted: November 1, 2017 at 12:52 pm   /   Renewables

ENGIE wins renewable energy project in Egypt and will develop a 250 MW wind power park. ENGIE has signed a contract to build, own and operate (BOO) a 250 MW wind farm together with its consortium partners Toyota Tsusho Corporation/Eurus Energy Holdings Corporation (40%) and Orascom Construction Limited (20%).  The wind farm will be located […]

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Video: Siemens Egypt Megaproject – Connecting plant and sea

Posted: October 26, 2017 at 9:47 pm   /   Electricity & Power

Watch how Siemens and the local partner Orascom Construction install offshore pipelines to bring the cooling water to the Burullus power plant. Another mile stone towards more electricity for Egypt. Learn more about the project here: (Source: Siemens AG)

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Video: Steaming ahead – Egypt Megaproject hits two more milestones (Siemens)

Posted: July 15, 2017 at 3:24 pm   /   Electricity & Power

Watch how Siemens places together with its local partners, Orascom Construction and Elsewedy Electric, the low pressure steam turbine rotor in Beni Suef and proceeds with the erection of the Heat Recovery Steam Generator in Burullus. Two mile stones towards more electricity for Egypt. Learn more about the project here: (Source: Siemens AG)

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Orascom signs contract for $100m Egyptian power plant at Walideya

Posted: July 5, 2017 at 2:54 pm   /   Electricity & Power

The company would carry out full civil works for the plant, which is based at Walideya, close to its existing power plant project in Assiut. The contractor Orascom Construction has signed a contract worth US$100 million to build a new steam turbine power plant in Egypt. The Abu Dhabi-based company, whose shares are listed on […]

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Video: Siemens Egypt Megaproject – 4.8 GW in 18 months – Celebrating the connection to the grid

Posted: March 8, 2017 at 3:00 pm   /   Electricity & Power

Together with its local partners, Orascom Construction and Elsewedy Electric, Siemens celebrated a major mile stone in the Egypt Megaproject and broke all records in modern power plant construction by connecting 4.8 gigawatts (GW) of new capacity to the grid in only 18 months. Learn more about the project here: (Source: Siemens AG)

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Orascom: New Capital and Burullus Power Plants formally inaugurated

Posted: March 5, 2017 at 1:54 pm   /   Electricity & Power

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 […]

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Orascom Construction seeks EGP 13 billion financing to bid for Hamrawein clean coal power plant

Posted: October 31, 2016 at 3:15 pm   /   Oil & Gas

Orascom Construction (OC) is in talks with local banks to secure EGP 13 billion in funding to back its bid for a contract to build a 2-3.3 GW “clean coal” power plant in Hamrawein under the EPC+Finance system, unnamed sources told Al Mal. The company reportedly solicited offers from NBE, Banque Misr, Banque du Caire, […]

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Siemens to select company for turbine plant design & construction

Posted: September 20, 2016 at 4:07 pm   /   Electricity & Power, Renewables

In June, Siemens signed agreements worth €8bn for high-efficiency natural gas-fired power plants, wind power installations, says CEO of Siemens Egypt. Daily News Egypt interviewed Emad Ghaly, CEO of Siemens Egypt, to talk about the updates and progress of the company’s power plants in Egypt. What are the latest updates of your three power plants—Burullus, […]

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Orascom & Besix consortium wins $350m SUMED project deal

Posted: May 29, 2016 at 8:00 pm   /   Oil & Gas

A consortium of Egypt’s Orascom Construction (OC) and Belgian Besix Group has won the contract from Arab Petroleum Pipelines Company (SUMED) for the construction of a new pier in Ain Sukhna area of Suez Governorate at an investment of $350 million. Work will start on the project next month and will be completed in a […]

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Kaco New Energy targets $500 million investment in Egypt during 4 years

Posted: May 11, 2016 at 5:08 pm   /   Renewables

Kaco has partnerships with Italian and Chinese companies, in addition to Orascom Construction Industries SAE in Banban. Kaco New Energy CEO Kaddour Essersi said that the company targets boosting investments in the Egyptian market by EGP 500m in the coming four years. Essersi told Daily News Egypt that the company aims to participate in 10 […]

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