CAIRO: Siemens will hold a press conference Thursday to inaugurate the world’s largest H-class combined-cycle power plant in Upper Egypt, according to a Sunday statement.
The plant in Beni Suef has a capacity to generate 4,800 megawatts, however only the first phase will operate May 19 with two turbines generating 800 megawatts
The plant is fueled by natural gas and costs two billion euros.
In November 2015, a group of banks secured Egypt’s first installment to fund an eight billion euro ($8.5 billion) project for power plants to be established by Siemens.
The deal was signed in June with the aim of launching the two-year project in 2016. The project includes three combined-cycle power plants and 12 wind farms.
Siemens has begun the first phase in training up to 600 Egyptian engineers and technicians. The training program will take six months and will equip Egyptians with the required technical and behavioral skills. The training will take place in Egypt and Germany.
Cooperation between Egypt and Siemens in the fields of transportation, energy and training was discussed in a meeting between Prime Minister Sherif Ismail and Siemens CEO Joe Kaesar in January.