Jordan power contract for KEPCO consortium

Jordan_KEPCOJordan awarded a US$800mn power plant project to an international consortium led by Korea Electric Power Co (KEPCO).

600 MW plant

The consortium which also involves Japan's Mitsubishi and Finland's diesel-engine maker Wartsila, will build a 600 MW plant for Jordan's National Electric Power, KEPCO said in a statement.

Completion by 2014

The consortium aims to complete construction by 2014 and operate the plant for 25 years after completion. KEPCO will be investing about US$120mn in the project.

60 per cent stake

The company said it would hold a 60 per cent stake in the project, with Mitsubishi having 35 per cent and Wartsila five per cent.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?