CAIRO: A 1000-megawatt (MW) combined cycle power plant was inaugurated in Asyut Monday, with an investment cost of around $746 million Monday, Youm7 reported.
Egypt’s Prime Minister Ibrahim Mahlab inaugurated the power plant, established on a total area of 85 acres and consisting of eight generating units, each generates 125 MW.
“The project was completed in a time record, which is a five months and half month duration, with a majority of Egyptian labor,” Youm7 quoted Minister of Electricity Mohamed Shaker.
Mahlab inaugurated three units out of the eight; the power plant will be fully operational by the end of the 2015 summer plan over three stages to counter rolling blackouts, according to Shaker.
The power plant is established jointly by the Egyptian Orascom and the American General Electric companies. A combined cycle power plant conserves fuel efficiently, as blackouts in Egypt have been attributed to lack of fuel operating regular power plants.
Shaker said Asyut power plant is part of Egypt’s 2015 plan to overcome electricity shortages, which includes adding 3632 MW to the country’s power grid, with an investment cost of around $2.65 billion.
The inauguration was attended by the ministers of electricity, local development, sports, health, social solidarity, irrigation, transportation and Housing.
On May 19, a 750-megawatt power plant was inaugurated in Banha, Qalyubia, with 2.5 billion EGP ($458.71 million) in investments.
Mahlab also inaugurated a power plant in Ain Sokhna, on May 6 in Suez, at a cost of $1.7 billion and is expected to pump 1300 MW, generated by natural gas, gas oil or both, into Egypt’s power grid.