Source: http://ift.tt/eKERsB - Saturday, March 14, 2015
Berlin (AFP) - German conglomerate Siemens has reached "firm agreements" for power sector projects with Egypt worth several billion euros, the German government and the company 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 said in a statement. Other projects would include building a factory in Egypt "to manufacture rotor blades for wind turbines". Although the company did not give an exact figure, the German economics ministry referred to contracts worth "billions of euros". Join the conversation about this story »
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