Elsewedy Electric's unit awarded €800 mln contract in Libya

Muhammad Khalid, Wednesday 12 Apr 2023

State-owned General Electricity Company of Libya has awarded Elsewedy Electric a €800 million contract for the engineering, procurement, and construction activities of a power plant in Zliten city, according to a filing to the Egyptian Exchange (EGX) on Wednesday.

Elsewedy Electric power plant
Elsewedy Electric power plant. (Courtesy of Elsewedy Electric)


The contract also includes, besides developing the 1044-megawatt power plant, building additional electric interconnection networks.

The project will be carried out by a joint-venture between Elsewedy Electric Libya and Qatar's UrbaCon Trading & Contracting Company (UCC).

Both companies will supply six gas turbines, which are manufactured by Germany's Siemens, to the project.

Under the contract, Elsewedy and UCC will be tasked with preparing the plant's site as well as undertaking other civil, construction, and infrastructure works.

The agreement also includes developing connections and networks with Libya's electricity and gas grids.

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