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 >>  1/19/2018 - Cepsa, Sonatrach and Alnaft, the National Resources Development Agency of Algeria, have signed a new concession contract for the operation of the Rhou...
Algeria >>  1/15/2018 - Eng. Mustafa Sanalla, NOC Chairman of the Board, Dr. Abdelmomen Weld Qadour Chairman and General Manager of Sonatrach Company and Mr. John W. Wallace ...

Egypt >>  1/11/2018 - ADES International Holding Ltd. (ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the M...
Egypt >>  1/3/2018 - Siemens Gamesa Renewable Energy (SGRE) has secured a new order for the installation of 125 of its G97-2.1MW turbines (total capacity of 262.5 MW) at t...

Gabon >>  1/3/2018 - Spectrum, in collaboration with the Direction Generale des Hydrocarbures (DGH), has commenced the next phase of its shallow water 3D Multi-Client seis...
Egypt >>  12/27/2017 - The Minister of Investment and International Cooperation Dr. Sahar Nasr signed an agreement worth USD 200 million with Director of Natural Resources a...

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.