OCI secures civil work contract from Cairo Electricity

21 August 2011 (Last Updated August 21st, 2011 18:30)

Orascom Construction Industries (OCI) has secured a contract worth $181m to provide civil work for a 1,500MW combined cycle power plant in Giza, Egypt. The Cairo Electricity Production Company awarded the contract for the project, which is expected to be completed in 32 months.

Orascom Construction Industries (OCI) has secured a contract worth $181m to provide civil work for a 1,500MW combined cycle power plant in Giza, Egypt.

The Cairo Electricity Production Company awarded the contract for the project, which is expected to be completed in 32 months.

OCI Construction Group chief operating officer Osama Bishai said the company continues to target key power projects in its Middle East and North Africa markets as these markets continue to face severe power supply deficits.

The company is currently developing many power plants in Egypt and Algeria with a total power generation capacity of 5,250MW.