APPRAISAL OF EL-KUREIMAT COMBINED CYCLE POWER PLANT
Glenn Jenkins (jenkins@econ.queensu.ca) and
Andrey Klevchuk
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Andrey Klevchuk: Queen's University, Kingston, Canada
No 2006-03, Development Discussion Papers from JDI Executive Programs
Abstract:
The proposed El Kureimat Plant (module II) project is one of 19 new generation plants that the public electrical utility of Egypt plans to setup over its current planning horizon of 2005-2012. This paper reports on an integrated investment appraisal of the project. The project involves the construction of a 750 MW (2x250 MW gas turbine and 1x250 MW steam turbine) combine cycle power plant in the premises of the existing El Kureimat Power Station. The estimated total cost of the investment is 271.1 million Euros in nominal prices. The project, when completed, will provide 750 MW of additional capacity to the unified power system (UPS) in 2009. The proposed project is expected to save a substantial amount of natural gas for the state-controlled gas utility, which will be able to export the gas and earn foreign exchange for the Government.
Keywords: thermal electricity; generation plants; combine cycle power plant; Egypt Integrated Appraisal. (search for similar items in EconPapers)
JEL-codes: H43 (search for similar items in EconPapers)
Pages: 46 pages
New Economics Papers: this item is included in nep-ara, nep-ene and nep-ppm
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Persistent link: https://EconPapers.repec.org/RePEc:qed:dpaper:217
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