Arab Finance: The joint venture (JV) between Elsewedy Electric and the Qatari Urbacon Trading and Contracting (UCC) has been awarded an €800 million engineering, procurement, and construction (EPC) contract for a 1,044-megawatt (MW) gas-fired power plant in Zliten, Libya, according to a press release on April 12^th.

Awarded by the General Electricity Company of Libya (GECOL), the contract covers designing, supplying, installing, and constructing the project, including supplying six German natural gas-run SGT5-2000E turbines from Siemens Energy.

It also includes the execution of civil, construction, and utility works, along with extra-paid works to connect the Libyan electricity grid to the natural gas grid.

Elsewedy Electric is a leading integrated energy solutions provider in Africa and the Middle East, with a portfolio covering all traditional and renewable energy areas along with related services.

Urbacon Trading and Contracting is an international construction services company, with diverse projects in the industries of infrastructure & heavy construction, buildings, marine works, and oil and gas.

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