Orascom Construction wins contract for Egypt power plan
Steam-turbine facility will be located in Walideya
Construction and engineering firm Orascom Construction has secured a $100m contract to build a new steam-turbine power plant in Walideya, Egypt.
The plant will have a capacity of 650MW, and Orascom will be responsible for all the civil works on the project.
The firm says the new project’s proximity to an existing power plant project in Assuit will enable efficient mobilisation to the new build site. Orascom is currently building a number of power plants, including the two largest gas-fired combined-cycle power plants (CCPPs) in the world.
Orascom claims that this new contract emphasises the group’s position as a leading player in the power construction sector. The total capacity of all its projects is said to be 11,000MW; the firm believes that its consistent project wins demonstrates its ability to set new global benchmarks in terms of the fast-track execution of power projects.
In May of this year, the company reported that it added $387.4m to its backlog in the United States and MENA region. That company’s total backlog as of 31 March was $5.1bn and $6.8bn including its 50% share in BESIX.
The contractor was also recently awarded a contract for the construction of a water desalination plant in Egypt, and is playing an extensive part in developing Egypt’s road network.
