SOURCE: Industrial Info Resources

Industrial Info Resources

October 22, 2010 05:20 ET

KEPCO and Sumitomo Consortium Win $1.5 Billion Abu Dhabi Contract for Power Plant, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - October 22, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- A consortium consisting of Korea Electric Power Corporation (NYSE:KEP) (KEPCO) (Seoul, South Korea) and Sumitomo Corporation (TYO:8053) (Tokyo, Japan) has been awarded a $1.5 billion contract by the Abu Dhabi Water and Electricity Authority (ADWEA) (Abu Dhabi, United Arab Emirates) to build and operate a 1,600-megawatt (MW), gas-fired power plant.

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