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Sat June 15 2024

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OCI wins $181m civils work on Egypt power plant

18 Aug 11 Orascom Construction Industries (OCI) has been awarded the US$181m (£110m) civil works package for a 1,500MW combined cycle power plant in Giza, Egypt.

The project was awarded by the Cairo Electricity Production Company and is expected to be complete in approximately 32 months.  

OCI is currently constructing several power plants in Egypt and Algeria with a total power generation capacity of  5,250 MW.

“The Construction Group continues to target key power projects in its Middle East and North Africa markets as these markets continue to face severe power supply deficits,” said OCI Construction Group chief operating officer Osama Bishai. “The Group has been able to secure sizeable contracts and we believe the power sector in the region will continue to provide great opportunities for OCI.”

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