Egypt plans 3 power projects worth $7B

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.

All projects will include critical power equipment.

Source: ETS

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