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South Korea’s engineering firm Samsung C&T has been awarded a US$2.46bn order to build a power plant in Qatar
The combined thermal power plant with a capacity of 2,520 MW is a part of a major integrated water and power project in the country, also known as Facility D, led by Umm Al Houl Power, the firm added.
The deal is valid until June 2018, and the financial terms of the project may be revised before a final agreement is reached, it added.
Facility D is due to be commissioned by Q2 2017 and will be built by a consortium comprising Qatar Electricity and Water Company QSC, Qatar Petroleum, Qatar Foundation and Mitsubishi Corporation as international developer.
Once completed, the Qatar General Electricity and Water Corporation (Kahramaa) have agreed a 25-year deal, negotiated by law firm Eversheds, to purchase power and water from the 136.5 MIGD (million imperial gallons per day) facility.