Egypt plans 3 power projects worth $7B

2016-10-14

 Egypt’s Ministry of Electricity has finalised negotiations for three power projects valued at $7 billion and is ready to finalize the contracts for all three projects.

The projects include construction of Dairut’s 2,250 MW combined-cycle power plant to be carried out by Acwa Power; Al-Nowais’s 2,640 MW coal power plant in the Oyoun Mousa area, and Gulf of Suez’s 250 MW wind plant to be carried out by the Toyota alliance, reports ETS.