Energy
Posted By OrePulse
Published: 27 Jan, 2025 10:27
Elsewedy Electric secures major power plant project in Hungary
The consortium of an engineering and construction company of
Elsewedy Electric has been awarded a significant contract for a 500-650
megawatt (MW) combined cycle power plant project in Hungary by the Hungarian
Electricity Co. (MVM), as per a disclosure on January 26th.
The project will be carried out in favor of MVM’s subsidiary, MVM Marta Energia Zrt., at the Visonta site in Havas county.
The consortium also includes partners Status KPRIA Zrt. and West Hungaria Bau Kft. (WHB).
The group has been invited to final negotiations for the contract, which will be based on a turnkey engineering, procurement, and construction (EPC) model.
Elsewedy Electric will announce further details once the contract negotiations are finalized and the agreements are signed, which are expected to occur by the end of February 2025.
Related Articles
Gold and Oil Trading: Current Market Dynamics in 2...
13 Sep, 2024 08:07
How lower oil prices may impact Nigeria’s economy...
13 Sep, 2024 09:13
Abu Dhabi DoE showcases latest policies and initia...
16 Sep, 2024 08:40
Middle East renewable energy investments to reach ...
18 Sep, 2024 12:18
Fuel queues end in Burundi, but supplies remain lo...
19 Sep, 2024 08:39
Qatar sets Nov AI-Shaheen oil term price at highes...
19 Sep, 2024 11:43
Egypt raises prices of household and commercial ga...
19 Sep, 2024 12:53
Oil rises on fresh China stimulus, Mideast tension...
24 Sep, 2024 11:24
OPEC boosts long-term oil demand outlook, driven b...
25 Sep, 2024 09:28
Suez, Siemens and Abu Dhabi National Energy Compan...
25 Sep, 2024 11:06Trending News
Distribution
Kenya: The Rise of Green Mini-Grids - How Community-Based Solar Projects Are Electrifying Kenya's Last Mile...
13 May, 2025 12:40
7 min read
Distribution
Saudi oil supply to China set to stay at one-year high in June, sources say...
13 May, 2025 12:12
8 min read
Generation
Iraq to reduce crude oil exports in May and June, official says...
13 May, 2025 07:48
10 min read