Siyuan-MEGA consortium to set up power plant in Egypt’s Wadi El Natrun

A consortium of Shanghai Siyuan Electric and local firm MEGA for Construction and Industries has signed a contract with the Egyptian Electricity Transmission Company (EETC) to construct a power station in Wadi El Natrun on a turnkey basis, Ahram Gate reports. The project, set for inauguration in 12 months, is expected to cost EGP 83.1 mn and will be financed by the EETC.