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.

Orascom Construction signs $20m contract for West Nile Delta gas project - DAILY NEWS EGYPT / ENERGY EGYPT

March 9, 2016

National Steel Fabrication, a subsidiary of Orascom Construction (OC), was awarded a $20m contract to manufacture and supply structural steel for the West Nile Delta gas development project.

“We [OC] are also pleased to receive a large order to fabricate and supply the steel structure for an important gas development in Egypt, and look forward to further participating in this sector through our construction group and NSF,” he added.

In January, the company signed contracts to covert two power plants, in Assiut and West Damietta, from simple cycle to combined cycle.

The capacity factor of the Assiut power plant is 1,000 MW, while West Damietta’s capacity factor is 500 MW. Converting the plants will increase their combined capacity factor by 50%, to reach 2,250 MW. OC stands to earn a reported $420m in the deal.