Gulf Oil and Gas accountACCOUNT

Siemens Inks $825m Libya Power Project Contracts

Source: www.gulfoilandgas.com 12/11/2017, Location: Africa

Share |
Siemens has signed contracts with the state-owned utility General Electricity Company of Libya (GECOL) to expand Libya’s power generation capacity by approximately 1.3 gigawatts (GW). Under these contracts Siemens will build a 650 MW open cycle power plant in Misrata, equipped with two F-class gas turbines, and a 690 MW open cycle power plant in Tripoli West, equipped with four E class gas turbines. The total volume of EPC contracts, including long-term service agreements, is in the range of 700 million euros. "Libya needs a reliable and affordable power supply to set the stage for a prosperous and promising future for the Libyan people," said Joe Kaeser, President and CEO of Siemens AG. "As a trusted partner, Siemens will provide Libya with innovative and sustainable infrastructure solutions that are essential for the economic development of the country and its people," added Kaeser. Siemens has been supporting Libya with technology and expertise since the 1950s. "Around 30 percent of Libya’s installed power generation capacity is based on Siemens technology that delivers electricity for two million people," said Willi Meixner, CEO of Siemens’ Power and Gas Division. "After completion, the power plants in Misrata and Tripoli West will help the country to solve the ongoing challenges caused by frequent and unpredictable power cuts," added Meixner.

Electrical Works News in Libya >>

Algeria >>  4/17/2018 - The Chairman and General Manager of the Algerian state company SONATRACH, Abdelmoumem Ould Kaddour, and the Chief Executive Officer of Eni, Claudio De...
Algeria >>  3/29/2018 - Sercel announced the delivery of a 25,000-channel 508XT land seismic acquisition system and 15 Nomad 65 Neo broadband vibrators to Algeoland, Algeria’...

Egypt >>  3/27/2018 - Fluor Corporation was awarded the front-end engineering design (FEED) contract by Egypt’s state energy firm Enppi for the offsites and utilities porti...

Related Categories: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 

Related Articles: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 


Libya Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

More News

 

Oil & Gas Companies in Libya >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.