On March 31, Siemens has reached financial close for the two combined cycle power plants, Burullus and New Capital, in Egypt.
Reaching the financial close is an important milestone towards building the two power plants- with a capacity of 4.8 Gigawatts (GW) each set to become the biggest gas-fired combined-cycle power plant complex around the world.
On March 9, the loan agreements of Burullus and New Capital were signed in Cairo– in the presence of the Egyptian Prime Minister, Sherif Ismail.
Covering major parts of Orascom Construction and Siemens´ scope, the financing of the two plants was provided by a consortium of international and regional banks. The credit facilities were largely covered by Export Credit Agencies.
For one of these projects, Burullus Combined Cycle Project, GH Cranes has supplied all required cranes based on:
- Steam turbine building section
SMM01: 140/25 ton EOT Crane Span 31.1 m. Height of lift 19/22.8 m (4 UNITS) Cranes supplied in 2016
SMM02:10 ton capacity EOT Crane. Span 11.4 m. Height of lift 14 m (4 UNITS) Cranes supplied in 2016
- Gas turbine building section
SMM01: 200/30/12.5 ton EOT Crane Span 16.4 m. Height of lift 20/21/18 m (4 UNITS) Cranes supplied in 2016
SMM02:12.5 ton capacity EOT Crane. Span 15.3 m. Height of lift 12 m (8 UNITS) Cranes supplied in 2016
- Travelling water screen and pumps gantry crane 25/20 ton with span 27.2 m and 16 m legs. Cranes to be supplied in 2017
- One 5 ton capacity EOT Crane for workshops. Cranes to be supplied in 2017
All cranes were supplied in extremely challenging short periods thanks to the coordination in between different departments and production facilities of GH.