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Kuwait inks $2.5bn deal with GE, Hyundai
- Kuwait: Monday, September 14 - 2009 at 15:05
The Kuwait government has signed a $2.5bn deal with General Electric and Hyundai Heavy Industries to build and operate the Subbiya power plant in the north of the country, state news agency reported. The plant will produce 2,000 megawatts, or 20% of the country's current power output, Kuwait's Minister of Electricity and Water Badr al-Shuraian was quoted as saying by KUNA. 'The contract includes importing and assembly of six gas turbines that will produce 1,320 megawatts in addition to six steam turbines generating 700 megawatts,' al-Shuraian added.
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StaffMonday, September 14 - 2009 at 15:05 UAE local time (GMT+4)
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