Tuesday 21 September 2021

Elsewedy Electric to complete power plant feasibility study in December

CAIRO, May 30, 2016

Egypt’s Elsewedy Electric, in cooperation with Japanese company Marubeni, plans to complete the feasibility study for establishing a coal-fired power station in the country by December this year, said a report.

The company is preparing to present a technical and financial offer to the Ministry of Electricity next year, added the Daily News Egypt report.

CEO of Elsewedy Electric Group Ahmed Elsewedy said that his company signed a memorandum of understanding (MOU) with Marubeni in March to establish a coal-fired power station in western Matrouh governorate on the Mediterranean coast.

He added that the total cost of the project would be announced after completing the feasibility study, noting that there are no problems facing the project’s funding.

Elsewedy further said that the company is keen to contribute to developing the energy sector in Egypt and intends to apply for a number of major projects not only in the field of generating, transmitting, and distributing electricity, but also in various infrastructure and utilities sectors.
The power plant will be established over two phases. Each phase will put out 2,000 MW in capacity, in addition to desalinating 360,000 cu m per day from seawater and handling the storage and shipments of coal works.

He noted that the company’s work includes designing, supplying and installing all sub and complementary systems, besides constructing and installing boilers and turbines.

The company will be responsible for site preparation, civil works, and facilities required for the project, added the report.

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