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GE Says It Wins $700 Million Order for First Egypt Nuclear Plant

  • GE to supply four turbine units to planned El Dabaa reactor
  • Russia-built plant is part of Egypt push to diversify energy
General Electric

Photographer: Simon Dawson/Bloomberg

General Electric Co. secured a $700 million contract to supply turbine and generator units for Egypt’s first nuclear power project, the company said.

GE will supply four turbine units for the country’s planned 4,800 megawatt El Dabaa nuclear facility, it said Tuesday in a statement. The company will deliver one turbine each year from 2023 until 2026, and the units will begin operating at the rate of one per year from 2026 until 2029, Michael Keroulle, chief commercial officer for GE’s Steam Power business, said in a phone interview.