{"id":624932,"date":"2018-09-23T04:26:51","date_gmt":"2018-09-23T04:26:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/siemens-to-run-egypts-3-new-massive-power-plants-for-8-years\/"},"modified":"2018-09-23T04:26:51","modified_gmt":"2018-09-23T04:26:51","slug":"siemens-to-run-egypts-3-new-massive-power-plants-for-8-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/siemens-to-run-egypts-3-new-massive-power-plants-for-8-years\/","title":{"rendered":"Siemens to run Egypt\u2019s 3 new massive power plants for 8 years"},"content":{"rendered":"<p>Egypt signs USD 352 mn management contract with Siemens for combined-cycle power plants: Egypt signed on Thursday a USD 352 mn, eight-year contract with Germany\u2019s Siemens AG and its subsidiary Siemens Technologies to operate, maintain, and manage the three combined-cycle plants power plants in Beni Suef, Burullus, and the new administrative capital, <u><a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1W63Q3\">Reuters reports<\/a><\/u>, citing the state news agency. Sources had said that payment for the contract, which is due to start in four years, would be split into an EUR 176 mn foreign-currency tranche and a EGP 2.6 bn LCY-denominated component.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt signs USD 352 mn management contract with Siemens for combined-cycle power plants: Egypt signed on Thursday a USD 352 mn, eight-year contract with Germany\u2019s Siemens AG and its subsidiary Siemens Technologies to operate, maintain, and manage the three combined-cycle plants power plants in Beni Suef, Burullus, and the new administrative capital, Reuters reports, citing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624932","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"9650c558-6112-41b1-9b2d-679e09773732","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Siemens to run Egypt\u2019s 3 new massive power plants for 8 years","related_issue":[624906],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.4c32be1f-980d-4bdd-919a-a40b3c43562e.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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