Siemens , the global powerhouse in electronics and electrical engineering operating in the energy, infrastructure, industry and healthcare sectors, has been awarded a series of contracts in Libya with a combined value of EUR100 million for the inspection, service, upgrade and maintenance of two existing power plants, ensuring reliable and efficient power supplies to the cities of Khoms and Ruwais.
Awarded by the General Electricity Company of Libya ( GECOL ), the contract will see Siemens overhauling and performing a series of upgrades to both the Khoms Steam Power Plant and the Western Mountain Gas Turbine Power Plant in Ruwais. The projects will ensure the continued safe, reliable and efficient operation of both power facilities.
"We are committed to supporting the reconstruction of Libya's infrastructure and to this end, a safe, reliable and efficient power network is absolutely essential," said Dietmar Siersdorfer, CEO, Siemens Energy, Middle East. "The signing of these contracts is an excellent demonstration of our long-term commitment to Libya."
"Ensuring power plants continue to operate at their optimum is a crucial element of the country's development and the maintenance, modification and upgrading of existing infrastructure is an efficient method of enhancing the performance of mature fleets to bring them in line with newly constructed facilities."
Siemens has been active in Libya since 1957 and has been responsible for many of the country's key infrastructure projects, including crucial elements of the power transmission and distribution network. The company has a 30-year relationship with GECOL and in 2012 Siemens completed a fast-track program to restore full power generation capacity to Libya's Misrata power station in order to ensure an uninterrupted electricity supply to large parts of the city.
The Siemens Energy Sector is the world's leading supplier of a broad spectrum of products, services and solutions for power generation in thermal power plants and using renewables, power transmission in grids and for the extraction, processing and transport of oil and gas. In fiscal 2012 (ended September 30), the Energy Sector had revenues of EUR27.5 billion and received new orders totaling approximately EUR26.9 billion and posted a profit of EUR2.2 billion. On September 30, 2012, the Energy Sector had a work force of almost 86,000. Further information is available at: www.siemens.com/energy.
Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 165 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world's largest provider of environmental technologies. Around 40 percent of its total revenue stems from green products and solutions. In fiscal 2012, which ended on September 30, 2012, revenue from continuing operations totaled €78.3 billion and income from continuing operations €5.2 billion. At the end of September 2012, Siemens had around 370,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at: www.siemens.com.
Contact for journalists: Siemens , Media Relations Oliver Klaus, phone: +971 4 366 0345, +971 55 2003109 E-mail: oliver.klaus@siemens.com
Brunswick Group Wajih Halawa, phone: +971 4 446 6282, mobile: +971 50 1009207 E-mail: whalawa@brunswickgroup.com
Posted on: Feb 6 2013
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