CAIRO: The Cairo Electricity Production Company will replace its power plant in south Cairo with a steam driven power plant with a capacity of 1300 mega watts, a source in the company was quoted as saying by al-Mal reported on Thursday.
The source added the power plant will consist of two steam units producing 650 mega watts each and the cost of the plant is estimated at ten billion EGP ($ 1.4 Billion.)
The construction of the project will start by the end of this year and it is scheduled to be finished by 2018, according to the source. This project is considered to be among the ministry of electricity’s five years plan 2017/2022 to expand the capacity of electricity production by 29,000 mega watts.
The ministry of electricity is planning to start feasibility study for the project and for tender soon, al-Mal added.
The Cairo Electricity Production Company, producing 20 of electricity in Egypt, is one of six companies representing the Egyptian Electricity Holding Company.
Egypt witnessed several power failures during the past few years due to shortage of fuel supply particularly in summer. Several neighborhoods in Cairo, Alexandria and other major cities have seen multiple daily blackouts, lasting for hours which impacted private businesses and forced people to have their shops closed.
The government has called for reducing and rationalizing the use of electricity to help control the electricity crisis.