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Thursday, 28 April 2016

Siemens lands Kuraymat 2 gas turbines upgrade contract; to import 12 turbines to three power plants in December

The Upper Egypt Electricity Production Company (UEEPC) has contracted Siemens to upgrade the existing gas turbines at the Kuraymat 2 power station, adding 50 MW to their capacity, said UEEPC Chairman Ibrahim El Shahat. The unit upgrade will cost EGP 60 mn and will be completed within a month, he added. The company has allocated EGP 614 mn to upgrades and maintenance in FY 2016-17. Meanwhile, Siemens is looking to bring in 12 turbines for the new capital, Burullus, and Beni Suef power plants in December in line with plans to add 14.4 GW of power to the grid by 2018, said Willi Meixner, CEO of the Power and Gas Division at Siemens. Siemens plans to add 4.4 GW this December, 5.6 GW in May 2017, and 8.8 GW in December 2017, Meixner tells Al Borsa.

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