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Tag: Siemens

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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Infographic: Siemens Egypt Megaproject – The power of a promise – 4.8 out of 14.4GW in 18 months!

Posted: March 4, 2017 at 4:53 pm   /   Electricity & Power

• 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)

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Infographic: Egypt Megaproject – Siemens celebrates placement of first gas turbines at Beni-Suef

Posted: March 4, 2017 at 4:49 pm   /   Electricity & Power

• Power plant capacity of 4.8 gigawatts once completed. • Reliable electricity for 15 million people. • Around 4,000 skilled Egyptian workers at construction site currently. • New Siemens brand claim “Ingenuity for life” launched in Egypt. (Source: Siemens AG)

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Siemens celebrates major milestone in Egypt Megaproject

Posted: March 4, 2017 at 4:42 pm   /   Electricity & Power

• 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 […]

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President Sisi, Chancellor Merkel witness Siemens Egypt megaproject inauguration

Posted: March 4, 2017 at 4:24 pm   /   Electricity & Power

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 […]

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Siemens overdelivers on promise in Egypt Megaproject

Posted: February 1, 2017 at 4:33 pm   /   Electricity & Power

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 […]

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Infographic: Milestone for Siemens Egypt Megaproject – First substations ready for operation

Posted: January 7, 2017 at 2:41 pm   /   Electricity & Power

• Fast-track installation of first GIS ahead of schedule. • Substations to integrate the highly efficient power plants into the grid. Siemens has successfully energized the first two substations that will transmit electricity generated by the new power plants in Beni Suef and Burullus to Egypt’s power grid. When finished, the plants which Siemens is […]

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Electricity Ministry freezes negotiations with Siemens over 2 GW wind farm

Posted: December 20, 2016 at 12:18 pm   /   Renewables

The Electricity Ministry has suspended talks with Siemens over a 2 GW wind farm due to the project’s high costs, Al Borsa reported. The Egyptian Electricity Transmission Company (EETC) had been looking to reprice the agreement it had made with Siemens during the Egypt Economic Development Conference and reduce the price per kWh down from […]

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Video: Egypt Megaproject – On the way to the first fire (Siemens)

Posted: December 17, 2016 at 12:57 pm   /   Electricity & Power

The Egypt Megaproject, is about to reach an essential milestone soon: the first firing of the gas turbines. See what is going on behind the scenes at the power plant sites and meet the people who work in close cooperation and on a tight time schedule to deliver on this big challenge on time. http://www.siemens.com/egyptmegaproject […]

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Egyptian power project boosts Siemens quarterly profit

Posted: November 15, 2016 at 12:38 pm   /   Electricity & Power

Germany’s Siemens AG says revenue from a large power generation project in Egypt helped its fourth-quarter net profit rise by 18 percent. The Munich-based company, which makes trains and medical scanners as well as power plants, said Thursday that its profit for the quarter ending Sept. 30 rose to 1.18 billion euros ($1.28 billion) from […]

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