Monday, December 12, 2016

Doosan Heavy inks 160 billion won deal in Egypt - THE KOREA TIMES / ENTERPRISE

2016-12-12 18:20
Jhoo Dong-chan

Doosan Heavy Industries & Construction has won a 160 billion won (
USD 137 mn) order to build power equipment in Egypt.

The nation's top power equipment maker inked a Notice of Award (NOA) deal with Egypt's state-owned power supplier duo of Upper Egypt Electricity Production Company (UEEPC) and Cairo Electricity Production Company (CEPC) to provide 650 megawatt gas turbines and power generators as well as their related parts for two power plants in Egypt.

One gas turbine will be built for the Assiut Power Plant, which is currently under construction by UEEPC, and the other is set for CEPC's Cairo West Power Plant. Both pieces of equipment will be delivered by April 2020, Doosan Heavy said in a press release.
"Doosan Heavy outbid global power equipment giants GE, Siemens and MHPS for this contract, proving its competitiveness in overseas markets," a Doosan Heavy official said.

"We will strive to make similar deals in other regions such as North Africa and Asia."

In 2010, Doosan Heavy also won a 400 billion won deal to provide boiler equipment for Egypt's Ain Sokhna Power Plant.


Wednesday, 14 December 2016
ENTERPRISE - Korean company awarded USD 137 mn contract to provide Egypt with gas turbine, generator

South Korea’s Doosan Heavy Industries & Construction won a USD 137 mn order to supply a gas turbine and a power generator to Egypt’s state-owned power suppliers Upper Egypt Electricity Production Company and Cairo Electricity Production Company, Korean business new website Pulse reported. Doosan received a notice of award to build and test run a 650 MW turbine for the Assiut Power Plant and a generator for Cairo West Power Plant by April 2020. The company said it was its first successful bid in Egypt in six years.