The Dairut Combined Cycle Power Plant is 2,250MW gas fired power project. It is planned in Luxor, Egypt. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in July 2024. Buy the profile here.

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Description

The project is being developed by Acwa Power and Hassan Allam Holding. Acwa Power, The Saudi Public Investment Fund, Silk Road Fund, GE Power and Hassan Allam Holding are currently owning the project having ownership stake of 40%, 25%, 15%, 10% and 10% respectively.

It is a Combined Cycle Gas Turbine (CCGT) power plant. The power plant can run on dual-fuel. The primary fuel being used to power the plant will be natural gas. In case of shortage of natural gas the plant will run on Diesel.

Development status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by July 2024.

Power purchase agreement

The power generated from the project will be sold to Egyptian Electricity Transmission under a power purchase agreement for a period of 25 years.

Contractors involved

GE Power and SEPCOIII Electric Power Construction are expected to render engineering procurement construction services for the gas fired power project.

Dairut Combined Cycle Power Plant (Dairut Combined Cycle Power Plant Unit I) will be equipped with Siemens Energy H Class gas turbine. The phase consists of 1 gas turbine with 750MW nameplate capacity.

Dairut Combined Cycle Power Plant (Dairut Combined Cycle Power Plant Unit II) will be equipped with GE Power H Class gas turbine. The phase consists of 1 gas turbine with 750MW nameplate capacity.

Dairut Combined Cycle Power Plant (Dairut Combined Cycle Power Plant Unit III) will be equipped with GE Power H Class gas turbine. The phase consists of 1 gas turbine with 750MW nameplate capacity.

The First National Operation & Maintenance is expected to perform operations and maintenance for thermal power project for a period of 25 years.

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About Acwa Power

Acwa Power Co (Acwa Power), formerly International Company for Water and Power Projects, is a developer, investor, and operator of power generation, renewable energy and desalinated water production plants. It supplies electricity and potable water to its customers in the region. It generates power through oil, gas, solar and wind technologies. Acwa Power also offers operation and maintenance services to power and water desalination industry through its subsidiary, the First National Operations & Maintenance Company. The company has operations across the Middle East, Africa and Asia. Acwa Power is headquartered in Riyadh, Saudi Arabia.

About Hassan Allam Holding

Hassan Allam Holding (HA Holding) is a provider of engineering, procurement and construction (EPC) services. The company’s service offerings include engineering and construction projects, building materials, electrical and mechanical turn-key solutions, building projects and utility investment and development, soil improvements and foundations, residential and commercial property development, real estate investments, and project management services. Hassan Allam caters to industrial and commercial buildings, power and energy, ports and airport infrastructure, building technologies, roads and bridges, manufacturing and production plants, water and wastewater treatment, and petrochemical and fertilizer sectors. The company has operations in Egypt, Libya, Algeria, Qatar, and Saudi Arabia. HA Holding is headquartered in Cairo, Egypt.

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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.