Siemens has signed engineering, procurement, and construction (EPC) contracts worth around €700m with state-owned utility General Electricity Company of Libya (GECOL).
Under the contracts, Siemens will expand the country’s power generation capacity by approximately 1.3GW by developing a 650MW open-cycle power plant in Misrata and a 690MW open-cycle power plant in Tripoli West.
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Siemens president and CEO Joe Kaeser said: “Libya needs a reliable and affordable power supply to set the stage for a prosperous and promising future for the Libyan people.
“As a trusted partner, Siemens will provide Libya with innovative and sustainable infrastructure solutions that are essential for the economic development of the country and its people.”
Once completed, the Misrata project will be equipped with two F-class gas turbine units, while the Tripoli West plant will feature four E-class gas turbines.
Siemens Power and Gas Division chief executive officer Willi Meixner said: “Around 30% of Libya’s installed power generation capacity is based on Siemens technology that delivers electricity for two million people.
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By GlobalData“After completion, the power plants in Misrata and Tripoli West will help the country to solve the ongoing challenges caused by frequent and unpredictable power cuts.”
Since the 1950s, Siemens has been supporting the North African country with advanced technology and expertise.
