Siemens to boost power generation capacity in Libya
December 12, 2017 | 12:27
![]() |
The F-class gas turbine Siemens will install at the new power plant in Libya |
Under these contracts, the German industrial conglomerate will build a 650MW open cycle power plant in Misrata, equipped with two F-class gas turbines, and a 690MW open cycle power plant in Tripoli West, equipped with four E‑class gas turbines.
The total volume of the engineering, procurement and construction (EPC) contracts, including long-term service agreements, is in the range of EUR700 million ($825 million).
“Libya needs a reliable and affordable power supply to set the stage for a prosperous and promising future for the Libyan people,” said Joe Kaeser, president and CEO of Siemens AG.
“As a trusted partner, Siemens will provide Libya with innovative and sustainable infrastructure solutions that are essential for the economic development of the country and its people,” Kaeser added.
Siemens has been supporting Libya with technology and expertise since the 1950s.
“Around 30 per cent of Libya’s installed power generation capacity is based on Siemens technology that delivers electricity for two million people,” said Willi Meixner, CEO of Siemens’ Power and Gas Division.
“After completion, the power plants in Misrata and Tripoli West will help the country to solve the on-going challenges caused by frequent and unpredictable power cuts,” he added.
Latest News
More News
- Lazada: AI Unlocks Growth for Malaysian eCommerce, But Barriers Remain (April 09, 2025 | 10:01)
- Inditex Sponsors 5-Year University Education for 50 Female Garment Workers in Bangladesh (April 09, 2025 | 09:54)
- UOB Vietnam and NAVICO expand green finance for Vietnam’s aquaculture sector (April 08, 2025 | 19:30)
- HKVAX, Microsoft Hong Kong Join Forces to Build Enterprise-Grade Digital Asset Infrastructure (April 08, 2025 | 16:52)
- Exporters on edge following Trump’s “liberation day” (April 08, 2025 | 15:42)
- Alibaba Cloud Strengthens AI Capabilities with Innovations for International Customers (April 08, 2025 | 15:17)
- Juspay secures $60 million investment round led by Kedaara Capital (April 08, 2025 | 15:10)
- AmCham Vietnam encouraged by government response to US tariffs (April 08, 2025 | 15:00)
- HKBU Masters Information Day x i-ConNet Career Expo 2025 Concluded (April 08, 2025 | 10:58)
- Arup honoured with multiple awards at HKIE 50th Anniversary (April 08, 2025 | 10:49)
What the stars mean:
★ Poor
★ ★ Promising
★★★ Good
★★★★ Very good
★★★★★ Exceptional
I love engineering and my dream is to work at Siemens i study mecatronical engineering in school scuola camerana torino
iam a mecanician just love it wow gas turbune wow that really fantastic