Egypt has signed contracts with Chinese electrical engineering companies to build two coal-fired power plants and develop a transmission grid, a report said.

Dongfang Electric Corporation plans to build six units producing 660 megawatts each with the first phase of the power plant beginning with three units at a combined capacity of 1,980 MW for a cost of almost $2 billion, added Ahram Online.

Shanghai Electric will construct four units at a combined capacity of 2,640 megawatts for a cost of $2.24 billion for the foreign components and LE3.1 billion ($396 million) for the domestic components.

State-Grid Corporation of China signed a $650 million deal to develop the transmission grid to link three under-construction Siemens power plants, the report said.