With a project value of $1,500 million, the MOE – Baiji Gas-Fired Power Plant Rehabilitation 1600MW – Iraq project was the largest Gas project in the Middle East and Africa, on which construction started in Q1 2022. The MOE – Baiji Gas-Fired Power Plant Rehabilitation 1600MW – Iraq project is located in Iraq and initially announced in Q2 2019 with an estimated completion in Q4 2024. The Rotan – Aboadze Combined Cycle Power Plant 660 MW – Ghana project was the second-largest project with a project value of $1,060 million, on which construction work started in Q1 2022. The Rotan – Aboadze Combined Cycle Power Plant 660 MW – Ghana project is located in Ghana and initially announced in Q1 2016 with an estimated completion in Q4 2023.
The EDM/SNE/Globeleq/EleQtra – Temane Gas Fired Thermal Power Plant 450 MW – Inhambane project was the third-largest project, the MoH – Lake Kivu Methane Gas Extraction – Democratic Republic of the Congo was the fourth-largest project, and the ALBA – Alba Power Station V: Block IV – Bahrain was the fifth-largest project with a project value of $652 million, $400 million and $350 million respectively. The EDM/SNE/Globeleq/EleQtra – Temane Gas Fired Thermal Power Plant 450 MW – Inhambane project located in Mozambique was announced in Q2 2014 with an estimated completion in Q4 2024, the MoH – Lake Kivu Methane Gas Extraction – Democratic Republic of the Congo project located in Democratic Republic of the Congo was announced in Q2 2017 with an estimated completion in Q4 2024 and the ALBA – Alba Power Station V: Block IV – Bahrain project located in Bahrain was announced in Q2 2020 with an estimated completion in Q4 2024.
Among the five largest projects, the MOE – Baiji Gas-Fired Power Plant Rehabilitation 1600MW – Iraq project is the longest in terms of completion date, with construction expected to be completed in Q4 2024. On the other hand, the Rotan – Aboadze Combined Cycle Power Plant 660 MW – Ghana project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.
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