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|The F-class gas turbine Siemens will install at the new power plant in Libya|
Under these contracts, the German industrial conglomerate will build a 650MW open cycle power plant in Misrata, equipped with two F-class gas turbines, and a 690MW open cycle power plant in Tripoli West, equipped with four E‑class gas turbines.
The total volume of the engineering, procurement and construction (EPC) contracts, including long-term service agreements, is in the range of EUR700 million ($825 million).
“Libya needs a reliable and affordable power supply to set the stage for a prosperous and promising future for the Libyan people,” said Joe Kaeser, president and CEO of Siemens AG.
“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,” Kaeser added.
Siemens has been supporting Libya with technology and expertise since the 1950s.
“Around 30 per cent of Libya’s installed power generation capacity is based on Siemens technology that delivers electricity for two million people,” said Willi Meixner, CEO of Siemens’ Power and Gas Division.
“After completion, the power plants in Misrata and Tripoli West will help the country to solve the on-going challenges caused by frequent and unpredictable power cuts,” he added.
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