The Zouk Combined Cycle Power Plant is 550MW gas fired power project. It is planned in Mount Lebanon, Lebanon. The project is currently in announced stage. It will be developed in multiple phases. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2024.
Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 550 | – | 550 | Announced | Mount Lebanon, Lebanon | Ministry of Energy and Water, Lebanon |
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Description
The project is being developed and currently owned by Ministry of Energy and Water, Lebanon.
It is a combined cycle gas turbine (ccgt) power plant.
The project cost is expected to be around $518.579m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2024.
About Ministry of Energy and Water, Lebanon
Ministry of Energy and Water, Lebanon (MEW) is a government organization that offers energy services and water management programs. The organization supervises the power and water sector in the country and provides statistical studies and figures related to power and water sector. It is also involved in power generation, transmission and distribution; water distribution and desalination services. MEW operates through various departments of energy business, alternative energy development and efficiency, energy policy, and planning, among others. The organization caters to private and public energy sectors across Lebanon. MEW is headquartered in Beirut, Lebanon.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.