General Electricity Company of Libya (‘GECOL’) has entered into a Euro1.19bn (USD1.3bn) contract with an Egyptian-Qatari consortium for the construction of the Zliten power station.
The power station will be supplied by the Germany’s Siemens and implemented by the consortium of Urbacon Trading and Contracting (part of Power International Holding’s company UCC holding Qatar) and Elsewedy Electric Egypt.
Located in Zliten, Murqub, Libya, the power station will feature six units, which will be provided by Siemens Energy. With a total production capacity of 1,044 megawatts, the project is scheduled to be fast tracked and completed within 26 months.
According to GECOL, the project aligns with the company’s aim to improve the overall state of the national network and increase production capacity in line with energy demand.
The legal team at UCC holding Qatar is headed by Group Chief Legal Officer Ismaeel Makdisi (pictured left) and Elsewedy Electric Egypt legal team is led by Ahmed Zedan (pictured right), Group Chief Legal Officer.