Orascom Construction Consortium Signs MOU to Develop a 3 GW Build-Own-Operate Wind Farm in Egypt
Orascom Construction PLC announces that its consortium with ENGIE (France) and Toyota Tsusho Corporation (Japan) has signed a Memorandum of Understanding (MOU) with the Egyptian Electricity Transmission Company (EETC) and the New & Renewable Energy Authority (NREA) to build, own and operate (BOO) a 3 GW wind farm in Egypt. Orascom Construction would have an […]
Siemens Mobility finalizes contract for 2,000 km high-speed rail system in Egypt
Approximately 2,000 kilometers of modern, safe and integrated rail system to link 60 cities for people and goods across the country. Siemens Mobility to provide 41 Velaro eight car high-speed trains, 94 Desiro high-capacity four car regional train sets and 41 Vectron freight locomotives. Turnkey contract includes latest rail infrastructure technology, eight depots & yards […]
Orascom joins Scatec, Fertiglobe in Ain Sokhna Green Hydrogen Project
OC joins in on Egypt’s first-ever green hydrogen facility: Orascom Construction is joining a developer consortium of Norway’s Scatec, Nassif Sawiris-backed Fertiglobe, and the Sovereign Fund of Egypt to build the 100 MW green hydrogen plant in Ain Sokhna, the company said in a statement. The construction giant will be responsible for the local works on the facility, which […]
Orascom Construction Consortium to Develop a 500 MW Build-Own-Operate Wind Farm in Egypt
Orascom Construction PLC announces that its consortium with Toyota Tsusho Corporation/Eurus Energy Holdings Corporation (Japan) and ENGIE (France) has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop, construct and operate a 500 MW wind farm in Ras Ghareb, Egypt for 20 years. Orascom Construction will have a 25% stake in the […]
Hitachi ABB Power Grids consortium awarded major contract for first ever large-scale HVDC interconnection in Middle East & North Africa
The groundbreaking intercontinental link will enable the Kingdom of Saudi Arabia and the Arab Republic of Egypt to exchange electricity, increase grid resilience and support a carbon-neutral future. Hitachi ABB Power Grids today announced that it is the lead in a consortium that has been awarded a major contract worth several hundreds of millions of […]
Orascom Construction, Hitachi ABB ink contracts for Egypt-Saudi power link
OC-led consortium signs contract for electricity grid connection with KSA: An Orascom Construction-led consortium signed a contract with the Egyptian Electricity Transmission Company (EETC) to connect the national power grids of Egypt and Saudi Arabia, according to an OC press release. out today. The long-awaited project — the first inter-continent high-voltage direct current (HDVC) project in the world, according to […]
Engie, Orascom inaugurate Egypt’s largest wind farm at Ras Ghareb
ENGIE and its consortium partners inaugurated today the 262.5 MW Ras Ghareb wind park, Egypt’s first private and largest wind farm. Ras Ghareb project started commercial operation in October 2019, 6 weeks ahead of schedule. It is the first wind farm tendered on a Build-Own-Operate (BOO) scheme in the country and is part of the […]
Actis, Engie, Datang are all in running for stake in Egypt’s Siemens plants
More details on potential investors in Egypt’s Siemens combined-cycle power plants: Actis, France’s Engie, and China Datang Overseas Investment are all competing alongside Blackstone’s Zarou to acquire a stake in the Siemens / Orascom Construction / Elsewedy Electric combined-cycle power plants, according to Bloomberg. Sources in the Electricity Ministry had said earlier this week that […]
Orascom announces full commercial operation of Ras Ghareb Wind Farm
Orascom Construction Announces the Full Commercial Operation of Egypt’s Largest Renewable Energy Project Ahead of Schedule. Orascom Construction PLC announces that construction and commissioning at Ras Ghareb Wind Energy project in Egypt is complete 45 days ahead of schedule. With this milestone in place, the wind farm has been fully connected to the grid and […]
Toyota-OC-Engie alliance begins trial run at 250 MW Ras Ghareb wind farm
A consortium comprised of Orascom Construction (OC), Engie, and Toyota Tsusho Corporation began trial runs on its 250 MW wind farm in Ras Ghareb, sources in the New and Renewable Energy Authority (NREA) told the local press. The sources said that testing began two weeks ago, with full commercial operation expected to begin before the […]
