CAIRO, Oct 13 (Aswat Masriya) – Egypt's petroleum minister examined on Tuesday the possibility of building a power plant to generate electricity for the new Suez Canal Development Project with the help of General Electric.

Petroleum Minister Sherif Ismail met with representatives of the American multinational conglomerate General Electric during his visit to the Suez Canal Authority, according to a statement from the ministry of petroleum.

United States Secretary of State John Kerry told Egyptian President Abdel Fattah al-Sisi during a meeting on Monday that General Electric can possibly bring to Egypt "emergency and immediate" power to help it build the power grid, according to a State Department press release. 

Kerry added that the company's CEO is prepared to work with the current Egyptian government to "try to help make this kind of difference."

On August 5, Sisi launched a mega project, which entails digging a 72-km (45-mile) bifurcation to the Suez Canal as well as developing the Suez Canal region. Digging the bifurcation is expected to cost $4 billion.

Prime Minister Ibrahim Mehleb announced in mid-September that 58 companies were contributing to the digging of the new bifurcation.