Siemens power contracts worth €700 million
By Libya Herald reporter.
Tunis, 11 December 2017:
The contract signed in Berlin under the gaze of PC head Faiez Serraj last week by GECOL and Siemens for two new power station is worth some €700 million.
Siemens made the announcement today. It will build two gas-powered stations, one in Tripoli, the other in Misrata. They will add 1.3 gigawatts to national capacity. Long-term service agreements are also part of the deal.
There has been no statement about when work will start or who is getting the civil works part of the project.
Siemens has been responsible for around a third of power station construction in Libya over the years.