Egypt's OCI says wins $100 mln in power plant work

Egypt's Orascom Construction (OCI) said on Monday it won civil work worth $100 million at an electricity plant under construction in southern Egypt.

The work was part of a $300 million civil works package awarded to OCI, France's Vinci and Egypt's Arab Contractors, OCI said in a emailed press release.

The 32 megawatt hydropower plant, alongside the Nile in Asyut, is scheduled for completion in 2017. The package was awarded by Egypt's Water Resources and Irrigation Ministry.