Business

Siemens signs 4b euro power deal with Egypt

German conglomerate Siemens has signed a "four billion euro" power deal with Egypt, a company spokesperson said on Saturday.

Under a number of accords agreed between the parties, Siemens will build a "4.4 gigawatt combined cycle power plant and install wind power capacity of 2 gigawatt", the company added in a statement.

Other projects would include building a factory in Egypt "to manufacture rotor blades for wind turbines".

Under two further memorandums of understanding (MoU), Siemens will also propose to build additional "combined cycle power plants with a capacity of up to 6.6 gigawatts and ten substations for reliable power supply", the statement added.

The spokesperson told AFP the projects covered by the MoU would be worth a further six billion euros. 

Comments

Siemens signs 4b euro power deal with Egypt

German conglomerate Siemens has signed a "four billion euro" power deal with Egypt, a company spokesperson said on Saturday.

Under a number of accords agreed between the parties, Siemens will build a "4.4 gigawatt combined cycle power plant and install wind power capacity of 2 gigawatt", the company added in a statement.

Other projects would include building a factory in Egypt "to manufacture rotor blades for wind turbines".

Under two further memorandums of understanding (MoU), Siemens will also propose to build additional "combined cycle power plants with a capacity of up to 6.6 gigawatts and ten substations for reliable power supply", the statement added.

The spokesperson told AFP the projects covered by the MoU would be worth a further six billion euros. 

Comments

আলুর বাম্পার ফলনেও চাষির কান্না

দেশের আলু উৎপাদনের হাব হিসেব পরিচিত কয়েকটি জেলার কৃষকেরা জানিয়েছেন, হিমাগারে পর্যাপ্ত জায়গা না পাওয়ায় উৎপাদন খরচের চেয়ে অনেক কম দামে তারা আলু বাজারে বিক্রি করতে বাধ্য হচ্ছেন।

১ ঘণ্টা আগে