Orascom pushes ahead with Egyptian $3 billion coal-fired power plant project

Dubai-headquartered Orascom Construction (OC) has announced today that it is to move ahead rapidly with its planned 3,000 MW coal-fired power plant in Egypt, with an initial cost of $3 billion. OC’s consortium with Abu Dhabi-based International Petroleum Investment Company (IPIC) has signed a development agreement as an addition to the existing memorandum previously signed with the Egyptian government in November 2014.

Hello stranger, fancy seeing you here…

Unfortunately you’ve stumbled across our paid-for content but that’s not a problem, join the TXF Essentials community today for unrestricted access to:
  • Daily news and analysis from our TXF experts
  • Access to TXF data dashboards and Smart Search
  • Market reports and bi-annual long reads
  • And much much more…

Sign in to post a comment. If you don't have an account register here.


TXF China brings an exclusive group of senior structured finance professionals together in Shanghai for a day of collaborative discussion of regional opportunities and productive network building.

TXF China 2019