POWER UTILITY | Staff Reporter, Singapore

Egypt inks $2.3b deal for 2,250MW power plant

The plant would be built in Luxor province in Southern Egypt.

Reuters reports that Egypt's electricity minister said the country inked a deal with Saudi Arabia's ACWA Power to build a $2.3b power plant in Southern Egypt.

The plant, which will have a capacity of 2,250MW, would be built in Luxor province in southern Egypt, the minister told reporters. It could be operational by 2023 at the latest.

Egyptian President Abdel Fattah al-Sisi opened three new power stations in July built at a total cost of $7b as part of the country’s plans to plug a gap in power generation and fuel its development drive.

Read the full report here.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.