
Wednesday, January 13, 2016
Orascom Construction was awarded a $420-million contract to revamp two power stations owned by the Egyptian government.
Orascom was part of a consortium that completed the build of the Assiut and West Damietta plants inQ3 2015. The plants, which are operational and have a combined capacity of 1,500 MW, will now be converted to a so-called combined cycle from a simple cycle.
A combined cycle reuses waste products, increasing capacity by 50% with no additional fuel intake.