Edison/Qalaa – Abu Qir Combined-Cycle Power Plant 180 MW – Egypt - Project Profile
"Edison/Qalaa – Abu Qir Combined-Cycle Power Plant 180 MW – Egypt - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Edison SpA (Edison) and Qalaa Holdings S.A.E (Qalaa) are planning to build a gas-fired combined-cycle power plant in Abu Qir, Egypt.
The project involves the construction of an 180MW gas-fired combined-cycle power plant. It will include the construction of a powerhouse, a substation and related infrastructure, the installation of turbines, generators and transformers, and the laying of transmission lines.
On November 27, 2014, Edison signed two memorandum of understanding (MoUs) with Egyptian General Petroleum Corporation (EGPC) and Qalaa for the project.
The MoU with Qalaa, a leading investment company in Africa, will lead to the building of the new power plant, while the one with the national oil company EGPC will ensure that a part of the new gas production in Abu Qir will be allocated to the power plant.
In July 2015, Edison signed a Joint Development Agreement with Qalaa.
As of November 2016, Edison and Qalaa are in negotiations with the oil and electricity ministries to develop the project.
Stakeholder information: Planning Authority: Ministry of Electricity & Energy, Egypt Legal Advisor: Shahid Law Firm
The project involves the construction of an 180MW gas-fired combined-cycle power plant in Abu Qir, Egypt.
The US$109 million project includes the following: