Egypt - Siemens Plant |
The construction of the power plants came as part of the German conglomerate company Siemen's $9.4 billion memorandum of understanding (MoU) to build three cycle gas-fired plants in Egypt, each capable of producing 4,800 megawatts of electricity and housing eight units a piece.
Mahmoud el-Naqib, vice president of Egypt's Electricity Holding Company, revealed that construction has begun on three steam turbines, accompanying the three stations that are already completed.
Naqib also added that 4,800 megawatts of power was produced from Siemens power plants in a record time, adding that another 1,200 megawatts of power will be added to the National Grid for Electricity by the end of March from the three Siemens stations.
"The three units, which are of a 14,400 megawatt electric capacity, are currently under trail operations to ensure that they are safe and free of any technical faults."
He also added, "The three stations are expected to provide 45 million citizens with the necessary power. It will also save the domestic budget about $1.3 billion per year as the result of subsequent reduction of fuel usage."
During her visit to Egypt February, German Chancellor Angela Merkel, alongside President Abdel Fatah al-Sisi, inaugurated the first phase of the Siemens power plants.
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