Siemens to supply turbines for Egypt’s power plant
The agreements were signed at the Egypt Economic Development Conference in Sharm el-Sheikh together with two further MoUs that were signed at the event This will increase Egypt’s power generation capacity by up to one third, mostly by 2020.
Siemens will also build a factory in Egypt to manufacture rotor blades for wind turbines, which will provide up to 1000 jobs and treble its footprint in the country.
Under the agreements, Siemens will propose to build additional combined cycle power plants with a capacity of up to 6.6 GW and ten substations for reliable power supply.
“Egypt needs a powerful and reliable energy system to support its long-term, sustainable economic development, and experienced partners who understand the specific challenges facing the country”, said Joe Kaeser, Siemens’ CEO. “Siemens’ technology and expertise has been supporting Egypt’s growth for more than 150 years, and our track record shows that we deliver what we promise – also in challenging times. We are part of Egypt’s society and proud to shape Egypt’s future together. We have also agreed to continue the well established practice of dual-education apprenticeships, a success-story between Germany and Egypt for decades.”
According to the agreement, Siemens will be the contractor responsible for engineering, procurement and construction (EPC) for the Beni Suef power plant in Upper Egypt, working together with local partners. The 4.4 GW power plant will be built in four modules, each consisting of two H-class gas turbines, two heat recovery steam generators, one steam turbine, and three generators.
“Wind power is clean and renewable, and will strengthen Egypt’s energy security at this important point in its history. Adding two gigawatt will be a significant step towards diversifying the country’s energy mix,” said Markus Tacke, CEO Siemens Wind Power and Renewables Division. “Egypt has great potential for wind power generation, especially in the Gulf of Suez and the Nile Valley,” he added. “We are proud to be working with the government and people of Egypt to tap this potential.”
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