Acwa Power studying supply bids for 2.25 GW Luxor power plant

Acwa Power is studying bids submitted by Siemens, General Electric and Mitsubishi Electric to supply production units and equipment for its 2.25 GW power plant in Luxor, according to the local press. Sources say the company is aiming for an agreement before the financial closure of the project in 2Q2022. Acwa is developing the USD 2.3 bn power plant in partnership with Hassan Allam, and expects to begin commercial operations by the end of 2022.